Respuesta :

Answer: Floating exchange rate system.

Explanation:

Floating exchange rate system is one in which the exchange rate is determined entirely by the supply of and demand for a currency.

In floating exchange rate system, the value of a currency fluctuates based on the happeninge that occur in the foreign exchange market.

Answer:

Managed -> exchange rate determined by both government intervention and supply and demand

Floating -> exchange rate determined by demand and supply of foreign currency

Fixed -> exchange rate pegged to the value of another nation's currency

Explanation: