Why were floating exchange rates (acting as shock) positively regarded in the 1960s? Why were they expected
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Why were floating exchange rates (“acting as shock”) positively regarded in the 1960s? Why were they expected to work better than fixed or pegged rates? Discuss two of the serious problems that have arisen with the triad float. Does a floating regime require macro adjustments by participating countries?
Related Book For
Managing in a Global Economy Demystifying International Macroeconomics
ISBN: 978-1285055428
2nd edition
Authors: John E. Marthinsen
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