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1. explain the effects of a weak local currency on local economy, other things being equal. 2.explain the effects of a strong local currency on

1. explain the effects of a weak local currency on local economy, other things being equal.

2.explain the effects of a strong local currency on local economy, other things being equal.

3. explain at least four techniques used by firms in relation to managing their transaction based exchange rate exposure.

4. discuss the reasons of government foreign exchange intervention.

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