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What are the three basic theoretical approaches to exchange rate determination? What is foreign currency...

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What are the three basic theoretical approaches to exchange rate determination? What is foreign currency intervention? What are the ways in which it is accomplished and list the differences between the methods? When is direct intervention likely to be the most successful? And when is it likely to be the least successful? If a currency is heavily weakened, what are some actions a government can undertake using the asset market approach? Why do governments and central banks intervene in the foreign exchange markets

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