Currency Politics
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The politics surrounding exchange rate policies in the global economy The exchange rate is the most important price in any economy, since it affects all other p
The politics surrounding exchange rate policies in the global economy The exchange rate is the most important price in any economy, since it affects all other p
The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central com
Modern macroeconomic theory teaches us new lessons about exchange rates: Currency depreciations or appreciations that change the relative competitiveness of pro