4. Go back to the FRED website: http://research.stlouisfed.org/fred2/. Locate the monthly exchange rate data for the following:
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4. Go back to the FRED website: http://research.stlouisfed.org/fred2/.
Locate the monthly exchange rate data for the following:
a. Canada (dollar), 1980–2012
b. China (yuan), 1999–2004, 2005–09, and 2009–10
c. Mexico (peso), 1993–95 and 1995–2012
d. Thailand (baht), 1986–97 and 1997–2012
e. Venezuela (bolivar), 2003–12 Look at the graphs and make your own judgment as to whether each currency was fixed (peg or band), crawling (peg or band), or floating relative to the U.S. dollar during each time frame given.
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Related Book For
International Macroeconomics
ISBN: 9781319061722
4th Edition
Authors: Robert C Feenstra ,Alan M Taylor
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