In which situation is a country most likely to choose a flexible exchange rate
for its currency?
O A. A country has a reputation for having a strong and stable
economy over time.
B. A country wants to make sure that its currency is stable in all
economic situations.
C. A country believes that its currency will be in low demand in
global markets.
D. A country worries that the value of its currency could rise and fall
unpredictably.

A monetary system allows the exchange rate to be determined by the supply and demand of the currency
The price which is determined by the market can rapidly change with the supply and demand and the central bank does not control it
The flexible exchange rate can be divided into two types 1). pure Floating regime 2). Managed floating regime

How A country's reputation will have an impact on a strong and stable economy?

when the county has a stable market and does not affect the global supply chain
The country's reputation will call for more Exports
Payment of imports and exports will be done with a stable currency
With a stable market, people are likely to invest in the market to earn a profit

Hence it is concluded that the country's strong reputation, stable market, currency exchange rate, and country trade policy will establish a Flexible exchange rate for the county

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