Exchange rate adjustments and the balance of payments

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Select a country of your choice and discuss the advantages and disadvantages of its exchange rate regime. Did the country have another regime prior to its present regime? If so, which one had better success? If not, what could the country do to improve the regime? Explain your reasoning. 

  • Embed course material concepts, principles, and theories, which      require supporting citations along with at least one scholarly,      peer-reviewed reference in supporting your answer unless the discussion      calls for more conducting an advanced search specific to scholarly      references.
  • Sources should not be before 5 years.
  • Use a academic writing standards and APA style guidelines.