What countries in the world have flexible exchange rates


Problem

1. Does purchasing power parity hold in practice in the short run? Why or why not? Does it hold in the long run? Why or why not?

2. What countries in the world have flexible exchange rates? Which have fixed exchange rates?

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: What countries in the world have flexible exchange rates
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