Problem
Norway pegs to the euro, but soon after, EMU benefits from a favorable shift in the world demand for non-Norwegian EMU exports. What happens to the exchange rate of the Norwegian krone against non-euro currencies? How is Norway affected? How does the size of this effect depend on the volume of trade between Norway and the euro zone economies?
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.