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Currency Unions
- Binding:
- Paperback
- Pages:
- 86
- Published:
- October 29, 2001
- Dimensions:
- 154x227x7 mm.
- Weight:
- 190 g.
Delivery:
2-4 weeks
Expected delivery: November 28, 2024
Description of Currency Unions
Reviews the traditional case for flexible exchange rates and "countercyclical" - that is, expansionary during recessions and contractionary in booms - monetary policy, and shows how flexible exchange rate regimes can better insulate the economy from such real disturbances as terms-of-trade shocks.
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