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What is the economic purpose of a speculative attack? By that I mean, what function in the broader international economy does this mechanism serve? Does
- What is the economic purpose of a speculative attack? By that I mean, what function in the broader international economy does this mechanism serve? Does it have any positive effects?
- Is there a case against allowing bond-holders or other market forces to influence policy decisions by creating potential exchange rate instability? Should policymakers take such bondholders actions into account when engaging in policy?
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Basic Economics
Authors: Frank V. Mastrianna
16th edition
1111826641, 978-0357706664, 978-1111826642
