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The Figure Given Below Depicts the Foreign Exchange Market for British

Question 24

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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    -Fixed exchange rates allow countries to formulate their economic policies independent of other nations.
-Fixed exchange rates allow countries to formulate their economic policies independent of other nations.

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