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Draw the disadvantages of each policy choice in imposible trinity? Policy 1: Free capital flow and sovereign monetary policy Policy 2: Sovereign monetary policy and
Draw the disadvantages of each policy choice in imposible trinity?
Policy 1: Free capital flow and sovereign monetary policy
Policy 2: Sovereign monetary policy and fixed exchange rate
Policy 3: Fixed exhanged rate and free capital cash flow
Explain in detail each disavantages of this 3 policy above.
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