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Author Question: Name the eight HPAEs. What will be an ideal response?[br][br][b][color=#151B54]Question ... (Read 55 times)

krzymel

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on: Jun 30, 2018
Name the eight HPAEs.
 
  What will be an ideal response?

Question 2

Please discuss the difference between the terms devaluation and depreciation.
 
  What will be an ideal response?


cloudre37

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Hong Kong, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand

Answer to Question 2

Depreciation is a rise in the exchange rate E when the exchange rate floats, while devaluation is a rise in E when the exchange rate is fixed. Devaluation reflects a deliberate government decision, while depreciation is an outcome of government actions and market forces (the invisible hand) acting together.


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