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Exchange rate fluctuations can be considered a double-edged sword. Given the statement above, you are required to: Argue against or in favor of the statement;
"Exchange rate fluctuations can be considered a double-edged sword."
Given the statement above, you are required to:
- Argue against or in favor of the statement; and
- Critically discuss two scenarios that could influence the euro/dollar exchange rate.
Note: One scenario must relate to a depreciation of the euro, while another must relate to an appreciation of the euro against the dollar.
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