Why will the 'discipline' imposed on governments by a fixed exchange rate disappear under a floating rate regime be a problem?A.Tempted to follow over expansionary fiscal policyB.T...

The main reason(s) why governments sometimes chose to devalue their currencies is (are):A.devaluation allows the government to fight domestic unemployment despite the lack of effec...

Governments prefer to avoid excessive current account surpluses becauseA.the returns to domestic savings may be easier to tax than those on assets abroad.B.an addition to the home ...