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    Macroeconomics Study Set 43
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    Exam 18: A: The Balance of Payments and Exchange Rates
  5. Question
    Describe the Three Major Disadvantages of Flexible Exchange Rates
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Describe the Three Major Disadvantages of Flexible Exchange Rates

Question 13

Question 13

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Describe the three major disadvantages of flexible exchange rates.

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First, flexible exchange rates are subje...

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