Disadvantages of fixed exchange rates
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What are the advantages and disadvantages of fixed exchange rates? Explain in detail and no word limit count.
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In May 2012, IBM was the highest priced stock in the DJIA and Alcoa was the lowest. On May 9, 2012, the DJIA opened at 12,719.01. The divisor at that time was .132457265. The closing price for IBM on May 8, 2012, was $271.48 and the closing price
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