Plot the exchange rate of the Hong Kong dollar relative to the U.S. dollar from January 1981

Question:

Plot the exchange rate of the Hong Kong dollar relative to the U.S. dollar from January 1981 to the present. Was the Hong Kong dollar generally appreciating or depreciating relative to the U.S. dollar between 1981 and late 1983? What happened after 1983? Research and find an explanation for the value of the exchange rate after 1983.

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Related Book For  book-img-for-question

Macroeconomics

ISBN: 9780137876037

11th Edition

Authors: Andrew B Abel

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