QUESTION IMAGE
Question
question 6 (5 points)
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since the 1970s, how have most nations allowed their currency to be valued?
by their respective governments
through international agreements
through supply and demand
by establishing a universal currency
question 7 (5 points)
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which of the following countries would be considered a developing nation?
australia
afghanistan
denmark
germany
For Question 6: Since the 1970s, most countries have adopted a floating - exchange rate system where currency values are determined by supply and demand in the foreign - exchange market.
For Question 7: Afghanistan is a developing nation due to its lower levels of economic development, infrastructure, and human development indicators compared to Australia, Denmark, and Germany which are developed countries.
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Question 6: C. Through supply and demand
Question 7: B. Afghanistan