8.3 The main arguments presented against fl exible exchange rates are that international trade levels will be

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8.3 The main arguments presented against fl exible exchange rates are that international trade levels will be diminished due to uncertainty of future currency prices and that the fl exible rates would lead to infl ation.

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Survey Of ECON

ISBN: 9780538478090

1st Edition

Authors: Robert L. Sexton

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