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Make sure you explain clearly how the presence of the target zone has a stabilizing effect on exchange rate dynamics inside the target zone, i.e.,
Make sure you explain clearly how the presence of the target zone has a stabilizing effect on exchange rate dynamics inside the target zone, i.e., explain why the path of the exchange rate inside the target zone does not coincide with the 45-degree lines (t) = v (t)
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
