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Economics A Level (DONEEEEEEE)
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Pregunta:
How can the 1. Devaluation 2. Revaluation Occur when it's a Fixed Exchange Rate?
Autor: eric_galvaoRespuesta:
1. Devaluation occurs when the Exchange Rate is Lowered, usually by the Government. They do this by selling the Currency 2. When Government wants the Exchange Rate to go up, the Government will Buy the Currency
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