Question

Point out a merit of the Fixed Exchange rate​

Answer 1

Answer:

The advantages of a fixed exchange rate include:

Providing greater certainty for importers and exporters, therefore encouraging more international trade and investment. Helping the government maintain low inflation, which can have positive long-term effects such as keeping down interest rates.

HOPE YOU LIKE THE ANSWER

Answer 2

Answer:

Providing greater certainty for importers and exporters

Explanation:

Providing greater certainty for importers and exporters, therefore encouraging more international trade and investment. Helping the government maintain low inflation, which can have positive long-term effects such as keeping down interest rates.