Fixed versus floating exchange rates

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Reference no: EM131387428

In Israel, the exchange rate is determined by the market, and the government makes no attempt to determine its level. This is an example of a (fixed or pegged exchange rate / flexible exchange rate)

Fixed exchange rate systems can take which of the following forms? Check all that apply.

-Adopting the currency of another country

-Creating a common currency with other countries

Reference no: EM131387428

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