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What are the two currency exchange regimes in the world? What are the pros and cons of each regime? Also please describe the existing exchange

What are the two currency exchange regimes in the world? What are the pros and cons of each regime? Also please describe the existing exchange arrangements applied by different countries and give two examples of countries for each of the arrangements.

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The two main currency exchange regimes in the world are 1 Fixed or Pegged Exchange Rate Regime Description In this regime the value of a countrys curr... blur-text-image

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