Why is monetary policy completely ineffective with perfect international capital mobility under fixed exchange rates?

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International Economics

ISBN: 978-1118955765

12th edition

Authors: Dominick Salvatore

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Question Posted: Oct 27, 2017 09:36 AM

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Why is monetary policy completely ineffective with perfect international capital mobility under fixed exchange rates?

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The Monetary policy is meant to be ineffective with perfect capital mobility and fixed ex...View the full answer

International Economics

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