The concept of the Impossible Trinity describes three goals that are described by the sides of the

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The concept of the "Impossible Trinity" describes three goals that are described by the sides of the triangle: monetary independence, exchange rate stability and full financial integration. Outline what is meant by each of these three goals and what goal must a country give up if it has a flexible exchange rate?

Posted Date: May 17, 2024 09:09 PM

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The concept of the Impossible Trinity describes three goals that are described by the sides of the

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