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(a) (i) define the term fixed exchange rateindicated in bold in the text (paragraph ). [2] level marks. 0 the work does not reach a standard described by the descriptors below. 0. 1 vague definition. 1. the idea that a country's currency is fixed by the government (central bank). 2 accurate definition. 2 ib hl economics past paper 3 - pdfsdocuments2 - ib hl economics past paper 3.pdf free download here economics higher level and standard level... paper 1 (sl and hl) markschemes examples of markschemes for exam practice: paper 1 in the economics for the ib diploma... 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