As I indicated in class today, I am posting the assignment that is due next Thursday (10/21). I prefer that you work in groups of two for this (I will consider groups of three with permission), but if you must work alone, please feel free to do so.
Over the weekend, try to use the material on flexible exchange rates we covered today to allow you to see the basis for several important trends, such as the recent decline in the US$ index.
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