Question
please answer the following Question No. 1:Exchange Rate Systems. Compare and contrast the fixed, freely floating, and managed float exchange rate systems. What are some
please answer the following
Question No. 1:Exchange Rate Systems. Compare and contrast the fixed, freely floating, and managed float exchange rate systems. What are some advantages and disadvantages of a freely floating exchange rate system versus a fixed exchange rate system?
Question No. 2:Central Bank Control Over Its Currency's Value.Assume that France wants to change the prevailing spot rate of its currency (euro) in order to improve its economy, while Switzerland wants to change the prevailing value of its currency (Swiss franc) in order to improve its economy. Which of these two countries is more likely to have more control over its currency? Briefly explain.
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