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b. Forex market intervention: 10. Assume the SNB successfully bring the exchange rate of the chf back to the maximum of $1.10. Show and explain

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b. Forex market intervention: 10. Assume the SNB successfully bring the exchange rate of the chf back to the maximum of $1.10. Show and explain the effects of one of the policies described above in a new graph. chf in the US Explain: 11. What is the economic rationale behind the SNB's desire to place a maximum exchange rate on the chf? 12. Assume now that due to a change in tastes and preference of American consumers demand for Swiss goods and the chi decreases and pushes the equilibrium exchange rate down to $0.90 per chf. On the graph below show the maximum and minimum

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