Explain the significance of foreign exchange


Problem

Explain the significance of foreign exchange, foreign exchange rate, fixed exchange rates, flexible exchange rates, floating exchange rates, trade deficit, trade surplus, and trade-weighted value of the dollar.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain the significance of foreign exchange
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