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Show who might benefit and who might lose from an unanticipated appreciation of the Hong Kong dollar against the US dollar. (b) State the exchange
Show who might benefit and who might lose from an unanticipated appreciation of the Hong Kong dollar against the US dollar.
(b) State the exchange rate system adopted in Hong Kong since October 1983.Discuss thestrengths and shortcomings of adopting this exchange rate system for the Hong Kong economy.
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