What is the advantage of freely floating exchange rates


Problem

1. How does the ERM operate?

2. What is the advantage of freely floating exchange rates?

3. What is ‘dirty floating'?

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 is the advantage of freely floating exchange rates
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