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Imposing a fixed exchange rate affects countries in which two ways? Multiple select question. It loosens monetary discipline so that countries can value their own
Imposing a fixed exchange rate affects countries in which two ways? Multiple select question. It loosens monetary discipline so that countries can value their own currencies. It imposes monetary discipline and curtails price inflation. It prevents competitive devaluations and brings stability to global trade. It encourages competitive devaluations that destabilize global trade
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