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explain details 5. a. Explain the meaning of an decrease in the value of a currency. b. Explain two advantages and disadvantages of flexible exchange

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explain details

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5. a. Explain the meaning of an decrease in the value of a currency. b. Explain two advantages and disadvantages of flexible exchange rate system. 6. Show and explain the following effects on the foreign exchange market (flexible) (a) The government increase import duty by 1 percent

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