Economics, Student Value Edition (7th Edition)
Economics, Student Value Edition (7th Edition)
7th Edition
ISBN: 9780134739229
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 30, Problem 30.2.16PA

Subpart (a):

To determine

Shortage or surplus of baht in the foreign exchange market and amount of baht required to buy or sell to maintain the pegged exchange rate.

Subpart (b):

To determine

Shortage or surplus of baht in the foreign exchange market and amount of baht required to buy or sell to maintain the pegged exchange rate.

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