Suppose hong kong fixes its fx rate to 780hk if inflation, Financial Management

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Suppose hong kong fixes its fx rate to 780hk if inflation

Suppose Hong Kong fixes its FX rate to 7.80HK/$. If inflation is higher in Hong Kong than in the US, how will this affect the Hong Kong/US trade balance and why?

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Financial Management: Suppose hong kong fixes its fx rate to 780hk if inflation

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Financial Management: Suppose hong kong fixes its fx rate to 780hk if inflation

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