A country with a strong economy wants to take advantage of global market
forces when setting its economic policy. Its leaders decide that the country's
currency should be traded freely, with its value being determined by the global
supply and demand for it. The country hopes that its currency's value will
increase over time as other countries recognize that the currency is
supported by a strong, stable economy.
This economic situation is an example of a
exchange rate
A. deficit-weighted
B. flexible
ОО O
C. fixed
D. trade-weighted

Respuesta :

Answer:

B. Flexible

Explanation:

A country that has a strong economy and wants to made an advantage with its economic policy is an example of a flexible situation. Thus option B.

What is an economy?

An economy is the wealth and resource of a country or a region, especially in terms of the production and consumption of goods and services.

The country economy should be carefully managed in terms of its resources and value of domeistic production. The country that seeks to use its economic policy for an advantage is using a flexible situation.

Find out more information about the economy.

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