A small country that has experienced high inflation for the past decade decides to set the value of its currency equal to the value of a currency in a large nation that has had very low inflation for the past 50 years. The small country benefits because this action:
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Home » Mathematics » A small country that has experienced high inflation for the past decade decides to set the value of its currency equal to the value of a currency in a large nation that has had very low inflation for the past 50 years.