排序
The case against floating exchange rates is because of
A.discipline and destabilizing speculation and money marketB.injury to international trade andC.uncoordinated economicD.the illusion of greaterE.All of theAnswer: E
Present the case for floating exchange rates.
Answer:Monetary policy autonomyGovernments would be able to use monetary policy to reach internal and external balance. No country would be forced to import inflation and deflation...
Present the case against floating exchange rates.
Answer: 1.The discipline imposed on individual countries by a fixed rate would be lost.2.Destabilizing speculation and money market3.Injury to international trade and4...