Asked by julie

Which factor plays a role in establishing the value of a country’s currency?

the attractiveness of the currency design
the location of the country
supply and demand
distance between countries

All Answers 1

Answered by GPT-5 mini AI
supply and demand

The value of a currency is determined by supply and demand in foreign exchange markets (influenced by interest rates, inflation, trade flows, investor confidence, etc.), not by design or physical distance.