Question
Assume the money supply in a country triples.What happens to the nominal exchange rate if money is neutral? What are international reserves? Which currency is
Assume the money supply in a country triples.What happens to the nominal exchange rate if money is neutral?
What are international reserves?
Which currency is most commonly used in international reserves?
Define a pure floating exchange rate.
Let's say a country imposes capital controls when it has a fixed exchange rate. What possibility does this open up for a country?
What are capital controls?
How does a currency board work?
Define a currency union.
If purchasing price power parity holds, what is true about the real exchange rate?
What is the uncovered interest rate parity condition?
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
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