Question
Floating rate system and Fixed rate system
Answer :
Word Count : 172
| Feature | Floating Rate System | Fixed Rate System |
|---|---|---|
| Definition | A system where the exchange rate is determined by market forces of supply and demand. | A system where the exchange rate is fixed by the government or central bank. |
| Government Intervention | Minimal or no direct ______ ______ ___ ________ __________ ______ __________. ________ _____ __________ ____ _____ _____ ________ _______ ________ _________. _________ _____ ______ _________ __________ _________. _______ _________ ______ _______ _______ _________ __________ ____ ___ ________ ______ ____. _________ _________ ______ _______ __________ _____ _____ ______ __________ __________ _________. ______ _____ _______ _________ ____ ________ ___ ___ ____. ___ __________ _______ ________ ______ _________ ________. ___ _____ __________ ________ ________ ____. ________ ______ ___ _________ _________ _______ _______. ______ _____ _________ _____ _________. __________ ________ __________ _______ ____ _________ _________ ___ _____ ________ _______. ________ _________ ______ _____ _______ ______ _____ _____ _________ _______ ______ __________. ________ ________ ________ ____ ______ __________ ______. ________ ______ __________ ________ __________ _____ _________ ___ ________ ____. _______ ___ ___ __________ ___ _______ ___ __________. ___ _____ ____ ____ _______ _____ _____ _________. IGNOU ACADEMY Your IGNOU journey, made easier.
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