What are the basic factors that determine the value of a


1. How are percentage changes in a currency's value measured? Illustrate your answer numerically by assuming a change in the Thai baht's value from a value of $.022 to $.026.

2. What are the basic factors that determine the value of a currency? In equilibrium, what is the relationship between these factors?

Address each question in at least 200 words each.

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Financial Management: What are the basic factors that determine the value of a
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