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Currency Swaps
If the currency of one country is not convertible, the central banks o f the two countries can exchange their currencies, and the country with the non-convertible currency can use the convertible currency of the other country. These are called currency swaps. The country with the non-convertible currency will later purchase back its own currency using gold or convertible currency.
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the caseabove.
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