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Advantages of fixed exchange rates include 2. countries are insulated from inflation and unemployment from other countries 1. countries are insulated from currency appreciation all

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Advantages of fixed exchange rates include 2. countries are insulated from inflation and unemployment from other countries 1. countries are insulated from currency appreciation all of the choices 3. firms in this system can more casily budget their investment abroad without currency risk (1) and (3) only (1) and (2) only

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