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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
  5. Question
    Explain How the Exchange Rate Gets Determined in a flExible
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Explain How the Exchange Rate Gets Determined in a flExible

Question 36

Question 36

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Explain how the exchange rate gets determined in a flexible exchange rate system.

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If the foreign exchange rate floats freel...

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