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28 Sep 2019
Explain the so-called “Balance-of-payments” (BoP) concept and how it relatesto the foreign-exchange (“forex”) market under: a) a floating-rate regime; andb) a so-called “pegged”-rate regime. Many developing countries, such as China,prefer a pegged rate – how does this limit their economic policy options,especially in dealing with problems such as inflation?
Explain the so-called “Balance-of-payments” (BoP) concept and how it relatesto the foreign-exchange (“forex”) market under: a) a floating-rate regime; andb) a so-called “pegged”-rate regime. Many developing countries, such as China,prefer a pegged rate – how does this limit their economic policy options,especially in dealing with problems such as inflation?
1
answer
0
watching
55
views
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Insha FatimaLv10
28 Sep 2019