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Flexible Exchange Rate Regime. 1) Clearly outline how the flexible exchange rate is determined. (6 marks) 2) Discuss three advantages and three disadvantages of the

Flexible Exchange Rate Regime. 1) Clearly outline how the flexible exchange rate is determined. (6 marks) 2) Discuss three advantages and three disadvantages of the flexible exchange rate regime in a country. (24 marks) 3) Explain how the flexible exchange rate may be used to correct disequilibrium within an economy. (10marks) 4) Compile a list of five (5) countries which has implemented the flexible exchange rate

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