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Business, 24.05.2021 16:00 kimberly185
Swaziland fixes its currency, the Lilangeni (SZL), against the South African rand (ZAR) which floats. Both Swaziland and South African are SOR. Recently South Africa has become a more stable economy and its risk premium has decreased. Using the Mundell-Fleming Models, show the effects of this change on both South Africa and Swaziland and explain the reason for changes you make as well as the results.
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Swaziland fixes its currency, the Lilangeni (SZL), against the South African rand (ZAR) which floats...
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