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Important disadvantage of strong currency

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The World Trade Organization promotes free trade. Is a floating exchange rate or a fixed exchange rate more consistent with free trade? Why - discuss the pros and cons of both exchange rate regimes with regard to trade?

A strong currency is one that does not consistently fall in value relative to other currencies. List and then explain one important advantage and one important disadvantage of a strong currency relating to its impact on the economy.

Capital budgeting for a foreign project is considerably more complex than the domestic case. What are the factors that add complexity?

Reference no: EM133058113

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