READ AND ANSWER THE FOLLOWING QUESTIONS
PLWAE USE UPDATED RESEARCH SITES
1. What are some advantages and disadvantages of a freely floating exchange rate system versus a fixed exchange rate system?
2. Assume there is concern that the United States may experience a recession. How should the Federal Reserve influence the dollar to prevent a recession? How might U.S. exporters react to this policy (favorably or unfavorably)? What about U.S. importing firms?