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Which among the following statement is INCORRECT

This question belongs to Commerce Economics
Economics
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Which among the following statement is INCORRECT?

Answer & Solution
Correct Answer: Option D
A floating exchange rate is one that is determined by supply and demand on the open market. A floating exchange rate doesn't mean countries don't try to intervene and manipulate their currency's price, since governments and central banks regularly attempt to keep their currency price favorable for international trade.
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Manohar P
Manohar P 5 years ago
If two variables x And y are said to be cointigrated, which of the following are true
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