Answer to Question #263421 in Macroeconomics for Seems

Question #263421

what is major advantage of flexible exchange rate

Expert's answer

These flexible exchange rates helps in eliminating the necessity for central banks to hold international reserves and also to eliminate trade barriers and movements of capital.

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Discuss the effectiveness of supply side policy in increasing the supply of enterprise to the econom
2. if kaci finds $1000 under her bed and deposits in a bank what is immediate change in the required ba
3. Suppose that in 2015 a country has a population of 1 million and real GDP of $1 billion. In 2016, th
4. The IMF projects that China’s real GDP per person will be 57,163 yuan in 2017 and 60,334 yuan in 2
5. 6.“Burgerina” is a country situated on the distant planet Jupiter. It produces only 2 types of b
6. 1.Based on the following statistic, form a price index (consider 2015 as the base year) for the coun
7. 2. You have obtained the following information on a country’s population: Number of employed peop