MCQOPTIONS
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| 1. |
*/*_Which among the following statement is INCORRECT?? |
| A. | Floating exchange rate system works on the market mechanism |
| B. | Floating exchange rate breeds uncertainties and speculation |
| C. | Economic and political factors and value judgement influence the choice of the exchange rate system |
| D. | The system of floating exchange rate requires comprehensive government intervention |
| Answer» E. | |