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Suppose japan pegs its currency to the u. s. dollar. Now interest rates in the united states have decreased. To maintain the fixed exchange rate, japan has to?
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Suppose japan pegs its currency to the u. s. dollar. Now interest rates in the united states have decreased. To maintain the fixed exchange rate, japan has to?

User Mark Johnson
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16 votes
16 votes

Answer:

they would have to raise it or unpeg

User Ashish Charan
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