Effects of Fixing Exchange Rates

Abstract: A 3 page paper discussing the likely effects of a developing South American nation establishing fixed exchange rates. With much of the world clamoring for increased free trade, there remains a debate over just how beneficial free trade really is. Protectionism is far less acceptable now than in the past, but there are indications that it would like to return if those fully opposed do not persist in resisting it. An alternative has been to suggest that national economies can be stabilized by imposing a fixed exchange rate, but freely-floating currency is seen as being the desirable condition. Bibliography lists 1 source.

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Catagory:

Subcatagory: Economics And Economic Theory

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