What is the main determinant of value of an exchange rate


Problem

1. How can multinational companies benefit national economies?

2. What is the main determinant of the value of an exchange rate?

3. What are ‘managed' 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 is the main determinant of value of an exchange rate
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