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What is a currency whose value is determined by the supply and demand for the currency in the market?
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∙ 7y ago
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^For me on apex 2022 :)
keith
Nancy Licea
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Who or what determines the exchange rates in the foreign currency market?
Currently exchange rates are determined by laws of supply and demand.
How are wages determined in a free market?
by the laws of supply and demand
In what type of system is the price determined by supply and demand?
the market system!!!!
If the supply and demand for currency determines the exchange rates this is called?
floating
How are prices established in the foreign-exchange market?
As in all other market, prices of the currencies pairs are determined by the supply and demand of the market. When the demand is higher than the supply the price increases and vice versa.
Who or what determines the exchange rates in the foreign currency market?
Currently exchange rates are determined by laws of supply and demand.
How are currency exchange rates are calculated?
Currencies exchange rate are not calculated but determined by the market supply and demand. If the demand is higher than the supply the price will go up and vice versa.
How the foreign exchange rate is calculated?
the foreign exchange rate is determined by the supply and demand of the market. If the demand of a certain currency pair is greater than the supply the price will rise and vice versa.
How are wages determined in a free market?
by the laws of supply and demand
How can price be determined in a free market economy?
In a perfect free-market economy, price is determined by supply and demand.
In what type of system is the price determined by supply and demand?
the market system!!!!
If the supply and demand for currency determines the exchange rates this is called?
floating
How are prices established in the foreign-exchange market?
As in all other market, prices of the currencies pairs are determined by the supply and demand of the market. When the demand is higher than the supply the price increases and vice versa.
Flexible exchange rates are determined by?
By the demand and supply of currencies in the global exchange market.
What are foreign currencies?
Convert one type of currency into another at a given exchange rate. That rate is determined by the supply and demand of the desired currency plus processing fees and/or commissions charged by the retail institution. The market where everyone can exchange currency into another called Forex (foreign exchange) market.
How is the currency rate decide?
The currencies rate is decided by the supply and demand of the market. The higher the demand, the higher the price and vice versa.
What is characterized by the unregulated exchange of services and goods.?
A free market is a market where prices are determined by supply and demand. Free markets contrast with controlled markets in which prices, supply or demand id directly controlled.
