Macroeconomics
Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 22.2, Problem 1ST
To determine

The relationship between demand for dollars and supply of pesos.

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What is the link between the foreign exchange market and the real economy?
Why do exchange rates matter to companies, especially those involved with the foreign direct investment?
what does it mean that the optimum currency area is not the world but region?
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