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Based on this video https://www.youtube.com/watch?v=HOv1H4ht0XI 1-What are some of the benefits of using a pegged or merged currency, when compared to a floating exchange rate?

Based on this video

https://www.youtube.com/watch?v=HOv1H4ht0XI

1-What are some of the benefits of using a pegged or merged currency, when compared to a floating exchange rate?

2-What are some of the problems identified by Professor Eichengreen?

3-What are some of the ways through which a country can alleviate the impacts of having a merged or hard pegged currency?

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