Which of the following best explains the difference between a fixed currency
and a floating currency?

The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.

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yeetdragon yeetdragon · Answer 2 · 2020-07-16T02:11:34+02:00

yeetdragon yeetdragon

16-07-2020

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A. The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.

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Which of the following best explains the difference between a fixed currency and a floating currency?

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Which of the following best explains the difference between a fixed currency
and a floating currency?