Business
Business, 15.12.2020 01:50, juniorgutierrez997

Drag the tiles to the correct boxes to complete the pairs. Match each term to its description.
Tiles
1) depreciation
2) floating exchange rate
3) appreciation
4) fixed exchange rate
5) managed exchange rate

Pairs
an exchange rate system in which the central bank fixes the value of its currency to another currency

what happens to a currency If demand for a country's goods increases

a hybrid exchange rate system in which the currency
value floats within a limited range of values

decrease in the value of a currency in relation to another currency

an exchange rate system in which the value is set by supply and demand for the currency in the free market

answer
Answers: 2

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