What are the strong and weak points of the flexible exchange rate system? What are the strong
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What are the strong and weak points of the flexible exchange rate system? What are the strong and weak points of the fixed exchange rate system?
Exchange RateThe value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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Strong points of the flexible exchange rate 1 Under the flexible exchange rate system the rate of exchange is determined by the forces of demand and s...View the full answer
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