Attributes of the ideal currency possess three attributes, often referred to as the impossible trinity: (1) exchange

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Attributes of the ideal currency possess three attributes, often referred to as the impossible trinity: (1) exchange rate stability (2) full financial integration (3) monetary independence.

1)Which attribute(s) a country with a pure float exchange regime can achieve ? why?

2)Which attribute(s) a country with a pure float exchange regime must give up ? why?

Related Book For answer-question

Accounting Information Systems basic concepts and current issues

ISBN: 978-0078025334

3rd edition

Authors: Robert Hurt

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Posted Date: Feb 20, 2024 06:02 AM

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Attributes of the ideal currency possess three attributes, often referred to as the impossible trinity: (1) exchange

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Accounting Information Systems basic concepts and current issues

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