In comparison to a floating exchange rate the effect on the


In comparison to a floating exchange rate, the effect on the volume of trade in a fixed exchange rate is:

higher for an indirect peg than a direct peg.

lowest for currency unions.

highest under an indirect peg.

highest for currency unions.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: In comparison to a floating exchange rate the effect on the
Reference No:- TGS01289646

Expected delivery within 24 Hours