Type of paper: Essay. Any type of paper on any subject custom-written for you by the professionals. Apart from factors like inflation and interest rates, there is another economic variable which is the critically most important determinant of the economic health and progress of every country. This is known as the exchange rate and its management. This rate plays a vital role in the free market economy all over the world by active influence on worldwide trade activity of every country.
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Please join StudyMode to read the full document. Taylor Mark P. The views expressed herein are those of the author s and not necessarily those of the National Bureau of Economic Research. Taylor and Mark P.
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