Figure 19-2

-Of the graphs in Figure 19-2, which one shows Japan practicing "dirty" floating to keep an undervalued currency?

Name: Figure 19-2 -Of the graphs in Figure 19-2, which one shows Japan practicing "dirty" floating to keep an undervalued currency?
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Question

Figure 19-2
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-Of the graphs in Figure 19-2, which one shows Japan practicing "dirty" floating to keep an undervalued currency?

Quizplus · Accepted Answer

Graph 3 would show Japan intervening in the foreign exchange market to keep its currency undervalued, which is characteristic of "dirty" floating. This involves active management of the currency value by the central bank.

Figure 19-2 ​

Figure 19-2