Which of the foliowing is a correct statement for a floating exchange rate regime : Regular intervention of the central bank in forex market by the central bank is required. Fiscal policy is relatively ineffective Control over monetary tools of a central banks are compromised. Monetary policy is effective

Which of the foliowing is a correct statement for a floating exchange rate regime : Regular intervention of the central bank in forex market by the central bank is required. Fiscal policy is relatively ineffective Control over monetary tools of a central banks are compromised. Monetary policy is effective

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: International Finance

Section: Chapter Questions

Problem 4QP

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