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Chapter 29 Web Question |
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Use the OANDA site to investigate the history of a number of different currencys' exchange rates. Plot the exchange rate of those currencies versus the dollar and summarize how different currencies have performed versus the dollar over time. Try to find at least one currency that is fixed and has been revalued, one currency that is fixed and has been devalued, one currency that is floating versus the dollar and has appreciated; and one currency that floats with respect to the dollar but depreciated.
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