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Other Papers on :Exchange Rates

P/E/86. Optimum Currency Areas

(2003, 1500 words)

The paper answers on the following questions: a) what determines the choice of an optimal exchange rate regime? Identify a set of conditions that would constitute a case against fixed exchange rate regimes. b) Is it possible to rank exchange rate systems in terms of welfare? c) Can one prescribe the same exchange rate system to all countries?
 
   
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