Assignment:
Q1. What are the five basic mechanisms for establishing exchange rates?
Q2. How does each work?
Q3. What costs and benefits are associated with each mechanism?
Q4. Have exchange rate movements under the current system of managed floating been excessive? Explain.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.