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Assume that the Bank of Korea believes that the KRW should be depreciated against the U.S. dollar. a) Explain why the Bank of Korea believes

Assume that the Bank of Korea believes that the KRW should be depreciated against the U.S. dollar.

a) Explain why the Bank of Korea believes so and may attempt to weaken the KRW. (please answer respectively)

b) How can the Bank of Korea use (i) direct intervention and (ii) indirect intervention to weaken the value of KRW against the U.S. dollar.

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