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Q1:What is the value of the local currencies (for countries in the case study) in respect to the U.S. dollar now? Do you think pegging
Q1:What is the value of the local currencies (for countries in the case study) in respect to the U.S. dollar now? Do you think pegging their currencies with the U.S. dollar had any effect on the Asian Crisis? Explain.
Q2: The devaluation of the Chinese renminbi in 1994 put strain on Southeast Asia. Do you think this theory is valid? Argue your point with reasons
Q3:How can Southeast Asian countries make themselves less dependent on their currencies' weakness to boost their exports? Choose one country and one company to illustrate your answer.
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