Under fl exible exchange rates, what happens if a country experiences a defi cit in its balance of payments? How long can a defi cit in the balance of payments persist? Why and how do central banks...


Under fl exible exchange rates, what happens if a country experiences a defi cit in its balance of payments? How long can a defi cit in the balance of payments persist?


Why and how do central banks intervene in foreign exchange markets under the managed fl oat exchange rate system?



May 26, 2022
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