Question: Differentiate between a floating exchange rate and a fixed exchange rate. (2 marks) 6. Complete the table below by stating the impacts of Appreciation and
Differentiate between a floating exchange rate and a fixed exchange rate. (2 marks) 6. Complete the table below by stating the impacts of Appreciation and depreciation (of the Fiji Dollars) on each of the following events. Event Appreciation or depreciation of FJ$? (a) Australian tourists have more disposable income (b) Higher income in Fijian leads to more imports consumed (c) Chinese investment in the Fijian economy increases
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