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Differentiate between fixed and floating exchange rate regimes, and sterilized and non-sterilized central bank interventions. Why do smaller economies prefer to adhere to the fixed
- Differentiate between fixed and floating exchange rate regimes, and sterilized and non-sterilized central bank interventions.
- Why do smaller economies prefer to adhere to the fixed exchange rate regimes?
- What economic privileges do nations lose that opt to use the U.S. dollar as their official currency?
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
