1. A fixed exchange rate system is analogous to oil markets that are also based on a) prices that are affected by imbalances in supply and demand b) prices that do
1. A fixed exchange rate system is analogous to oil markets that are also based on a) prices that are affected by imbalances in supply and demand b) prices that do not move at all with supply demand imbalances c) quantities of oil supplied and demanded not changing over time 2. Suppose that the Brazilian Real (BRL) depreciated by 70% against the US dollar (USD). […]