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Texas Gateway: Ch. 15: Macroeconomic Effects of Exchange Rate

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By the end of this section, you will be able to do the following: Differentiate among a floating exchange rate, a soft peg, a hard peg, and a merged currency; and Identify the trade-offs that come with a floating exchange rate, a soft peg, a hard peg, and a merged currency.

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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional