Consider how fixed exchange rate regimes differ in advanced economies versus emerging markets/developing countries. a. H
Posted: Tue Jan 18, 2022 1:00 pm
Consider how fixed exchange rate regimes differ in advanced economies versus emerging markets/developing countries. a. How do exchange rate crises differ across these groups? b. Based on the analysis of chapter 8, which group of countries is more likely to adopt a fixed exchange rate regime? c. Among which group are the economic costs higher? Cite evidence to support your answer. d. A depreciation leads to an expansion in export demand. Given your answer to (b), why does some group of countries suffer political costs?