Question: ndividual-Summative Assessment (65%) Distinguish between a fixed and a floating exchange rate system and critically discuss why developing / emerging countries tend to favour a

ndividual-Summative Assessment (65%) Distinguish between a fixed and a floating exchange rate system and critically discuss why developing / emerging countries tend to favour a fixed exchange rate system in practice. Does exchange rate volatility, under a floating exchange rate system, impact trade? (Please include examples, and relevant charts /tables to support discussion)

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