Why may the disadvantage of exchange-rate targeting of not having an independent monetary policy be less of
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Why may the disadvantage of exchange-rate targeting of not having an independent monetary policy be less of an issue for emerging-market countries than for industrialized countries?
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Exchangerate targeting such as a fixed or pegged exchange rate system can have both advantages and disadvantages for countries The disadvantage of not having an independent monetary policy which means ...View the full answer
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Related Book For 
The Economics Of Money Banking And Financial Markets
ISBN: 9780321584717
4th Canadian Edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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