List the key pros and cons of fixed versus flexible exchange rate regimes.
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List the key pros and cons of fixed versus flexible exchange rate regimes.
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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FIXED EXCHANGE RATE Pros Promote more international trade and investment Help in maintaining infla...View the full answer
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