Question
Discuss the differences between a flexible exchange rate and a fixed exchange rate. What measures can the government take to maintain fixed
exchange rates?
exchange rates?
Answers
Do a little research, then take a shot. What do you think?
Hint: simply understanding how a fixed exchange rate differs from a floating rate should answer most of your questions.
Hint: simply understanding how a fixed exchange rate differs from a floating rate should answer most of your questions.
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