There are two major exchange rate systems that a country can adopt: flexible and fixed. Historically...

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Economics

There are two major exchange rate systems that a country canadopt: flexible and fixed. Historically we have had each of thesein the U.S. Debate the advantages and disadvantages of each ofthese two systems. Which one do you think is superior?

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Exchange rate means a rate which is used for exchanging or converting currency of another countrythere are two type of exchange rate 1 fixed rate exchange system 2 flexible exchange rate system Fixed exchange rate system means the See Answer

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There are two major exchange rate systems that a country can adopt: flexible and fixed. Historically...

70.2K

Verified Solution

Question

Economics

There are two major exchange rate systems that a country canadopt: flexible and fixed. Historically we have had each of thesein the U.S. Debate the advantages and disadvantages of each ofthese two systems. Which one do you think is superior?

Answer & Explanation Solved by verified expert

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