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    International Economics Study Set 9
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    Exam 15: Exchange Rates II: the Asset Approach in the Short Run
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    (Figure: Thailand-U

(Figure: Thailand-U

Question 32

Question 32

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(Figure: Thailand-U.S. Foreign Exchange Rate) Look at the following graph. How would you explain the behavior of the exchange rate after the pegged exchange rate broke?
Figure: Thailand-U.S. Exchange Rate (Figure: Thailand-U.S. Foreign Exchange Rate) Look at the following graph. How would you explain the behavior of the exchange rate after the pegged exchange rate broke? Figure: Thailand-U.S. Exchange Rate

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