Currency Unions reviews the traditional case for flexible exchange rates and "countercyclical"-that is, expansionary during recessions and contractionary in booms-monetary policy, and shows how flexible exchange rate regimes can better insulate...
Currency Unions reviews the traditional case for flexible exchange rates and "countercyclical"-that is, expansionary during recessions and contractionary in booms-monetary policy, and shows how flexible exchange rate regimes can better insulate th......
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