Question
Which one the following combinations will the trilemma not permit ? Floating exchange rates, free flow of capital and independent monetary policy Floating exchange rates,
Which one the following combinations will the trilemma not permit ?
| Floating exchange rates, free flow of capital and independent monetary policy | ||
| Floating exchange rates, capital controls and independent monetary policy | ||
| Fixed exchange rates, free flow of capital and independent monetary policy. |
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
