What are the advantages and disadvantages of a currency board over a monetary policy that just uses

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What are the advantages and disadvantages of a currency board over a monetary policy that just uses an exchange-rate target?

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:32 AM

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What are the advantages and disadvantages of a currency board over a monetary policy that just uses

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A currency board has the advantage that the central bank no longer can print m...View the full answer

Economics of Money, Banking and Financial Markets

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