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1. What makes the exchange rate such an important variable when it comes to international business? 2. From a business perspective, why do most American
1. What makes the exchange rate such an important variable when it comes to international business? 2. From a business perspective, why do most American businesses prefer the US dollar to have a floating exchange rate rather than a fixed exchange rate? 3. There are several types of exchange rate regime that lie between the fixed and floating exchange rate regimes.Why do you think some countries are attracted to these types of exchange rate regimes
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