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Suppose that Wonderland has a fixed exchange rate versus the U.S. dollar. If foreign investors become convinced that Wonderland's currency is overvalued, what actions might

Suppose that Wonderland has a fixed exchange rate versus the U.S. dollar. If foreign investors become convinced that Wonderland's currency is overvalued, what actions might they take to profit from this conviction? How would these actions affect Wonderland in maintaining the value of its currency versus the dollar? Explain

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