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How are the daily exchange rates of national currencies determined?
A.They are established by the International Monetary Fund.
B.They fluctuate according to changes in the financial markets.
C.They are based on the amount of gold held by governments.
D.They are approved by World Trade Organization officials.

Respuesta :

Answer:

B.They fluctuate according to changes in the financial markets.

Explanation:

Answer:

B

Explanation:

Currency prices can be determined in two main ways: a floating rate or a fixed rate. A floating rate is determined by the open market through supply and demand on global currency markets. ... 4 Therefore, most exchange rates are not set but are determined by on-going trading activity in the world's currency markets.