Question: Question 4 (Definition and Mathematical Explanation) (2.5%) a) Explain what a fixed exchange rate is and give numerical example using values. b) Explain what a

 Question 4 (Definition and Mathematical Explanation) (2.5%) a) Explain what a

Question 4 (Definition and Mathematical Explanation) (2.5%) a) Explain what a fixed exchange rate is and give numerical example using values. b) Explain what a floating exchange rate is and give numerical example using values

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