Question

Questlon 17 of 20

How does a fixed exchange rate set the value for a currency?
O A. By evaluating the overall economic health of different countries
O B. By comparing the terms of trade between multiple countries
O C. By adjusting the price based on the supply and demand for it
O D. By setting it at a specific value based on another currency
SUBMIT

Answer 1

Answer: D; By setting it at a specific value based on another currency

Explanation: Just did it on A pex