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mdagenh1 mdagenh1
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3 years ago
An adjustable peg exchange rate regime is one where

▸ interest rates are fixed for a periods of time but may be devalued/revalued if a deficit/surplus becomes substantial.

▸ exchange rates and interest rates are fixed for a periods of time but interest rates may be devalued/revalued if a deficit/surplus becomes substantial.

▸ exchange rates are fixed at a level that equates relative prices and are moved as prices change.

▸ exchange rates are fixed for a periods of time but may be devalued/revalued if a deficit/surplus becomes substantial.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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kwashington67kwashington67
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3 years ago
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