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Part 1 | Attempt 1/5 for 10 pts. A disadvantage of a fixed exchange rate system is that international investors cannot benefit from currency appreciations
Part 1 | Attempt 1/5 for 10 pts. A disadvantage of a fixed exchange rate system is that international investors cannot benefit from currency appreciations direct foreign investment becomes less profitable countries can import high inflation and unemployment from other countries fixed exchange rates are hard to maintain Submit
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