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The Figure Given Below Depicts the Foreign Exchange Market for British

Question 103

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The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2
The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2 -Under a floating exchange-rate system, a country needs to pay more attention to the economic policies of the rest of the world.
-Under a floating exchange-rate system, a country needs to pay more attention to the economic policies of the rest of the world.

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