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r9gjfi7shaLilMonsent
r9gjfi7shaLilMonsent r9gjfi7shaLilMonsent
  • 03-10-2016
  • Business
Answered

global financial markets operate under a system of __________, where the supply and demand for various currencies dictate their value at any moment in time

Verified Answer :

metchelle
metchelle metchelle
  • 11-10-2016

The correct answer that would best complete the given statement above would be FLOATING EXCHANGE RATES. Global financial markets operate under a system of floating exchange rates, where the supply and demand for various currencies dictate their value at any moment in time. This is a sociological challenge that must be prevailed in order to be successful in the global market is a lack of cultural understanding.

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