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Answer to Question #222259 in Macroeconomics for Adom

Question #222259
Discuss the extent to which the traditional approach is an adequate model of exchange rate determin
1
Expert's answer
2021-08-02T11:05:38-0400

The traditional approach to exchange rate determination is adequate model because traditional approach to exchange model is determined by the currency market forces. It uses variables such as money, income and inflation figures.


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