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mesharmor mesharmor
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6 years ago
What is meant when a currency is said to float? What does it mean for a currency to be pegged? What types of currencies are commonly floated and pegged?

Question 2

What is an export-import bank?

Question 3

Name and briefly distinguish the two major balance of payment components.

Question 4

What is elasticity of demand?

Question 5

What is the difference between the price floor and the price ceiling?

Question 6

What is the spot rate?

Question 7

Name the four major factors that influence the exchange rates between countries.
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PrincessArizonaPrincessArizona
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6 years ago
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mesharmor Author
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#2
6 years ago
God bless you! Helped my grade so much.
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