Explain what happens in a fixed exchange rate regime if a currency is overvalued. How can you
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Explain what happens in a fixed exchange rate regime if a currency is overvalued. How can you tell that the Chinese renminbi (RMB) is not overvalued? What are the consequences of this misalignment?
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Related Book For
Macroeconomics Policy And Practice
ISBN: 9781292019598
2nd Global Edition
Authors: Frederic S Mishkin
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