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Rank each exchange system according to the amount of government intervention needed (from highest to lowest).

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Rank each exchange system according to the amount of government intervention needed (from highest to lowest).

Rank each exchange system according to the amount of government intervention needed (from highest to lowest).

▸ Fixed exchange rate followed by managed exchange rate followed by flexible exchanged rate

▸ Managed exchange rate followed by flexible exchange rate followed by fixed exchange rate

▸ Managed exchange rate followed by fixed exchange rate followed by flexible exchange rate

▸ Flexible exchange rate followed by managed exchange rate followed by fixed exchange rate

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Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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