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Q: Under flexible exchange rate system, the exchange rate is determined... | CDS II 2015 PYQ | UPSCGPT
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CDS II 2015
Question #111
Balance of Payments & Exchange Rate
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Under flexible exchange rate system, the exchange rate is determined
A
predominantly by market mechanism
B
by the Central Bank
C
as a weighted index of a group of currencies
D
by the World Trade Organization
Pick an option above to test your answer
Reveal Answer ⌄
Subject:
Economy
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