This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Present the case for floating exchange rates. What will be an ideal ... (Read 50 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
Present the case for floating exchange rates.
 
  What will be an ideal response?

Question 2

Describe the main provisions of the Maastricht Treaty of 1991.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

(1 ) Monetary policy autonomy  Governments would be able to use monetary policy to reach internal and external balance. No country would be forced to import inflation and deflation from abroad.
(2 ) Symmetry  The United States would no longer be able to set world monetary conditions all by itself. The United States would have the same opportunity as other countries to influence its exchange rate against foreign currencies.
(3 ) Exchange rates as automatic stabilizers  The long and agonizing periods of speculation preceding exchange rate realignments would not occur under floating.

Answer to Question 2

Called for a single currency by January 1, 1999, harmonizing social security policy within the European Union, and centralizing foreign and defense policy decisions.


NguyenJ

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Population predictions for 2000–2050, using three different total fertility rates ( Population predictions for 2000–2050, using three different total fertility rates (
Case 1: The outgroups help resolve the polytomy Case 1: The outgroups help resolve the polytomy
The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
The violation of mores is a serious matter. In this case, it is serious enough that security at an ... The violation of mores is a serious matter. In this case, it is serious enough that security at an ...
Suicide rates in Canada are more than three times higher for males than for females Suicide rates in Canada are more than three times higher for males than for females
The family described in Example Case 5 The family described in Example Case 5
Video: Structures that affect circulation - kidneys, blood volume and venous tone

For a complete list of videos, visit our video library