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Business, 05.05.2020 14:40 Mariefritz13

1. The flexible exchange-rate system is

A) a currency system in which governments try to keep the values of their currencies constant against one another

B) a currency system that allows the exchange rate to be determined by supply and demand

C) the result of a nation importing more than it exports

D) the method banks and other financial institutions use to calculate depreciation on trade deficits

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Answers: 3

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1. The flexible exchange-rate system is

A) a currency system in which governments try to...
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