Under a floating exchange rate regime, the determinant of the exchange rate is
ECONOMICS
JAMB 2003
Under a floating exchange rate regime, the determinant of the exchange rate is
- A. an Act of the National Assembly
- B. the highest denomination of the currency
- C. demand for and supply of foreign goods
- D. the system of government
Correct Answer: C. demand for and supply of foreign goods
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *