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Chako Chako
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8 years ago
Supporters of a floating exchange rate cited all of the following as advantages over the Bretton Woods system EXCEPT
A) countries would be forced to work cooperatively in deciding monetary policy.
B) parity changes and speculative attacks would no longer be possible.
C) exchange rates would be set symmetrically in foreign markets rather than by government decision.
D) each country would be able to choose its own long run inflation rate.
E) governments would not need to export inflation to decrease domestic unemployment.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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