Hongkong has maintained its currency peg to USD successfully so far whereas other countries such as Argentina
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Question:
Hongkong has maintained its currency peg to USD successfully so far whereas other countries such as Argentina could not maintain it. Assume that Argentina is considering to peg its currency to USD again and is looking for your recommendations. In 4 -6meaningful sentences, provide recommendations on how Argentina can maintain its peg in the long run. What would be the main limitation of pegging the currencyfor Argentina?
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