asked 175k views
5 votes
___________ : when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market.

a. Gold standard
b. Fixed exchange rate
c. Currency calculation
d. Floating exchange rate

1 Answer

4 votes
Floating exchange rate: when the value of a nation's currency is allowed to fluctuate according to the foreign exchange market.
answered
User Jeff Walker
by
7.3k points
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