Question: Fixed exchange rate regimes are sometimes implemented through a currency
Fixed exchange rate regimes are sometimes implemented through a currency board (Hong Kong) or through dollarization (Ecuador). What is the difference between the two approaches?
Answer to relevant QuestionsHigh capital mobility is forcing emerging market nations to choose between free-floating regimes and currency board or dollarization regimes. What are the main outcomes of each of these regimes from the perspective of ...What are the main summary statements of the balance of payments accounts, and what do they measure? What are the main component accounts of the current account? Give one debit and one credit example for each component account for the United States. Technically, what is a sovereign default? Define and give an example of the following: a. Direct quote between the U.S. dollar and the Mexican peso, where the United States is designated as the home country. b. Indirect quote between the Japanese yen and the Chinese ...
Post your question