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A currency with a fixed exchange rate has its value set by:
A - a certain proportion of a value of another county’s currency
B - the rise or fall of the county’s gross domestic product
C - supply & demand for the currency in the global market
D - the amount of gold held in the county’s reserves

Answer :

ogorwyne

The currency with a fixed exchange rate has its value set by:

  • a certain proportion of a value of another county’s currency

What is a fixed exchange rate?

This is a type of economic regime where a country's central bank would peg the currency of the country to that of another country.

It ties the country's currency to that of another country or it ties it to the price of gold.

Read more on fixed exchange rate here:https://brainly.com/question/11160294

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