How is the value of a nation currency determined

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Question: Please provide an answer of at least 100-300 words.

How is the value of a nation's currency determined? Is there such a thing as its "true" value? Should a government try to influence the value of its currency? Why or why not (pros and cons)? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132139424

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