6. If countries fix their exchange rate, the exchange rate channel of monetary policy does not exist.
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6. “If countries fix their exchange rate, the exchange rate channel of monetary policy does not exist.” Is this statement true, false, or uncertain? Explain your answer.
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The Economics Of Money, Banking And Financial Markets, Seventh Canadian
ISBN: 9780226531922
7th Canadian Edition
Authors: Frederic S. Mishkin
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