Question: 1. Compare and contrast the fixed, freely floating, and managed float exchange rate systems. What are the advantages and disadvantages of a freely floating rate

 1. Compare and contrast the fixed, freely floating, and managed float

1. Compare and contrast the fixed, freely floating, and managed float exchange rate systems. What are the advantages and disadvantages of a freely floating rate exchange rate system versus a fixed exchange rate system? 2. What is the impact of a weak home currency on the home economy? What is the impact of a strong home currency on the home economy

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