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The Figure Given Below Depicts the Foreign Exchange Market for British

question 70

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The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2
The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2    -Fixed exchange rates serve as a constraint on inflationary government policies.
-Fixed exchange rates serve as a constraint on inflationary government policies.


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