Economics · Foreign Exchange Market
A disturbance from the equilibrium exchange rate gives rise to automatic forces that push the exchange rate back towards the equilibrium level. This is known as a/an:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1fixed foreign exchange market
- 2unstable foreign exchange market
- 3elastic foreign exchange market
- 4stable foreign exchange market✓
Correct answer
stable foreign exchange market
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