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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 Jason Kao
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Answer:

they would have to raise it or unpeg

User Mvelay
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