Answered: Differentiate fixed and floating…

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Differentiate fixed and floating exchange rates. I need 3 difference

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter29: Exchange Rates And International Capital Flows

Section: Chapter Questions

Problem 21RQ: What is the difference between a floating exchange rate, a soft peg, a hard peg, and dollarization?

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Question

Differentiate fixed and floating exchange rates.

I need 3 difference

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