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    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
  5. Question
    Define the Two "Pure" Types of Exchange-Rate Systems
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Define the Two "Pure" Types of Exchange-Rate Systems

Question 114

Question 114

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Define the two "pure" types of exchange-rate systems.

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The flexible exchange rate (or floating ex...

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