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QUESTION 3 (20 MARKS ) Automatic adjustment and policy implementation can be applied to overcome internal and external disequilibrium in a country that adopts fixed

QUESTION 3 (20 MARKS)

Automatic adjustment and policy implementation can be applied to overcome internal and external disequilibrium in a country that adopts fixed exchange rate. Discuss with the help of appropriate diagrams how these two mechanism can be implemented to solve this disequilibrium.

QUESTION 4 (20 MARKS)

Discuss the condition of balance of payment for Malaysia in 2019 and 2020.

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