2a. Describe the trend of the Hongkong's exchange rate over the last 20 years (10%)2b. Explain what is the exchange rate system in Hongkong country? And how does the system affect the trade deficit/surplus in the country you are analyzing? Use relevant theory and data to explain this (15%)

Cont 45 Bada G bps 45 BPS s 4 Bad Ner: Gar G tran: G tran: B Had W Dan Hon TIX Hon B Bank IMF Peop + X C tradingeconomics.com/hong-kong/currency ... ECONOMICS Calendar News Indicators Markets Forecasts Search Q :: Register & Login Hong Kong Dollar 1974-2021 Data | 2022-2023 Forecast | Quote | Chart | Historical Summary Forecast Stats Download Alerts BTCUSD 31,097.34 755 -2.37% USDHKD 7.76144 USDJPY 110.78 0. 1010 -0.09% -7.840 USDCNY 6.46040 0.0103 -0. 16% USDCHF 0.91671 0.0013 -0. 14% -7.820 USDCAD 1.22959 0.0024 -0.20% -7.800 USDMXN 19.8090 0.0287 -0. 14% USDINR 74.2100 0.0300 0.04% -7.780 USDBRL 4.9335 0.0198 0.40% USDRUB 72.0870 0.0655 -0.09% 7.76144 DXY 91.803 0.0114 -0.01% More -7.740 News 2000 2005 2010 2015 2020 Turkish Lira Hits All-time L ow GIAA_LK_TW_III_20....pdf GIAA_LK_TW_III_20....pdf Show all X Failed - Network error 10:32 PM N CE x ]] 6/26/2021