Home » Economics » Under a floating exchange rate regime, the determinant of the exchange rate is

Under a floating exchange rate regime, the determinant of the exchange rate is

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: Option C
Explanation