QUESTION IMAGE
Question
- most currencies on the foreign exchange markets have their values primarily determined by _________.
the forces of supply and demand.
constant central bank intervention.
international monetary fund.
price fixing of currencys government.
In foreign exchange markets, the value of most currencies is mainly determined by the forces of supply and demand. Central bank intervention is not constant for most currencies. The International Monetary Fund (IMF) has a role in the global monetary system but does not primarily determine currency values. Price - fixing by a currency's government is not the norm in foreign exchange markets for most currencies as they operate in a more market - oriented (supply and demand) way.
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the forces of supply and demand.