What are some major disadvantages of the automatic adjustment mechanism under a system of fixed exchange rates?

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International economics

ISBN: 978-8131518823

13th Edition

Authors: Robert J. Carbaugh

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Question Posted: Nov 14, 2012 03:37 AM

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What are some major disadvantages of the automatic adjustment mechanism under a system of fixed exchange rates?

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A main problem of the automatic adjustment mechanisms is that a countr...View the full answer

International economics

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