📊 International Business
Q. Exchange rates
  • (A) are always fixed
  • (B) fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied
  • (C) fluctuate to equate imports and exports
  • (D) fluctuate to equate rates of interest in various countries
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✅ Correct Answer: (B) fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied

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