A country is worried that business cycles in other countries tend to disrupt its own economy. It

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A country is worried that business cycles in other countries tend to disrupt its own economy. It would like some “insulation” from foreign business cycles. Why would this country favor having a floating exchange rate?

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International Economics

ISBN: 9780078021770

16th Edition

Authors: Thomas Pugel

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Question Posted: Mar 23, 2024 10:00 AM

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A country is worried that business cycles in other countries tend to disrupt its own economy. It

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A floating exchange rate provides some insulation from foreign business cycles because th...View the full answer

International Economics

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