Please read below and draft a response:Â Debate the relative pros and cons of a fixed V a…

Please read below and draft a response: Debate the relative pros and cons of a fixed V a floating exchange rate system. From the perspective of a multinational business, what are the most important criteria in a choice between them? Explain your answer in a clear and concise manner.INSTRUCTIONS:MUST have a minimum of 500 WORDS.   MUST utilize the below book reference and utilize additional references. MUST use APA format. Book reference:  Hill, C. W. (2018) International business: competing in the global marketplace     (12th ed.). New York, NY: McGraw Hill Education

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