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Flexible exchange rate system and fixed exchange rate

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What is the difference between a flexible exchange rate system and fixed exchange rate system?

What is your thought on the statement that "MNCs' existence derives from market imperfections.

Explain why as a policymaker in the US you may be concerned with a deficit on the current account with China.

As an economy that trades with other economies, what would be the implications of a currency appreciation or depreciation of your domestic currency relative to these foreign countries when it comes to trade with said countries?

Reference no: EM132460005

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