These solutions may offer step-by-step problem-solving explanations or good writing examples that include modern styles of formatting and construction of bibliographies out of text citations and references. Students may use these solutions for personal skill-building and practice. Unethical use is strictly forbidden.Exchange rates and interest rates together can have a substantial impact on the growth of the economy. If the interest rates are higher in the economy, there would be the higher inflow of foreign funds in the economy and this would boost the foreign direct investment in the economy. This is because investors would seek to invest funds in economies where they can earn high rates of return on the investment. They would prefer to borrow...
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