What type of exchange rate arrangement is adopted, Microeconomics

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What type of exchange rate arrangement is adopted

Problem: It has been almost 30 years since the African Union (AU) conceived the idea of a single currency for Africa.

What type of exchange rate arrangement would this is categorized as if adopted. Do you think it's a good idea or bad idea? Explain ' [600 - 700 words]

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Microeconomics: What type of exchange rate arrangement is adopted

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Microeconomics: What type of exchange rate arrangement is adopted

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