What are the advantages and disadvantages of pegging the currency of a developing country to a major

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What are the advantages and disadvantages of pegging the currency of a developing country to a major currency such as the U.S. dollar? List the specific conditions that are incompatible with pegging.

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Development Economics

ISBN: 9780321464484

1st Edition

Authors: Gérard Roland

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Question Posted: Nov 24, 2023 10:08 PM

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What are the advantages and disadvantages of pegging the currency of a developing country to a major

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Pegging a developing countrys currency to a major currency such as the US dollar can have both advantages and disadvantages Here are some of the key points to consider Advantages Stability Pegging to ...View the full answer

Development Economics

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