Define fixed exchange rate-flexible exchange rate

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Reference no: EM13116587

1. Discuss the following trade controls: Tariffs, subsidies, and quotas. How do these trade controls affect the relationship of trading partners and what is their value in international business.

2. What is a fixed exchange rate and what is a flexible exchange rate? China currently has a fixed exchange rate pegged to the US Dollar. How would a flexible exchange rate help China's global business?

Reference no: EM13116587

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