Advocates of floating rate suggested it is favorable for economies for the following reasons EXCEPT thatA.it discourages attack from foreign exchange speculators because of the fac...

Advocates of flexible exchange rates claim that under flexible exchange rates,A.no country would be forced to import only inflation fromB.no country would be forced to import only ...

A.removal of the obligation to peg currency values would restore monetary control to centralB.imposing of the obligation to peg currency values would restore monetary control to ce...

Advocates of flexible exchange rates claim that under flexible exchange rates, if the central bank faced unemploymentA.and thus wished to decrease its money supply, there would no ...

Advocates of flexible exchange rates claim that under flexible exchange rates, a currencyA.appreciation caused by increasing the money supply would reduce unemployment by lowering ...