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Why Would a Country Want a Currency to Float? Why

question 7

Essay

Why would a country want a currency to float? Why might it instead prefer it to be fixed in value with a nearby nation's currency?


Definitions:

Sensory Nerve Impulses

Electrical signals generated by sensory receptors that convey information from the sensory organs to the brain.

Motor Nerve Impulses

electrical signals that travel along motor neurons to stimulate muscles to contract or glands to secrete.

Amino Acid

Organic compounds that combine to form proteins, serving as the building blocks of life.

Memory

The faculty by which the mind stores and remembers information.

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