What is disadvantage of each automatic adjustment mechanism


Problem

How do all the automatic adjustment mechanisms operate together to correct a deficit in a nation's balance of payments under a fixed or managed exchange rate system when the nation operates at less than full employment? What is the disadvantage of each automatic adjustment mechanism?

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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International Economics: What is disadvantage of each automatic adjustment mechanism
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