Question: A fixed exchange rate creates exchange-rate stability. What is the primary disadvantage of a fixed exchange rate?
Step by Step Solution
3.39 Rating (158 Votes )
There are 3 Steps involved in it
First the country loses the ability to use monetary polic... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
779-E-C-E-T-P (917).docx
120 KBs Word File
