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book International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz cover

International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz

النسخة 10الرقم المعياري الدولي: 978-0133423648
book International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz cover

International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz

النسخة 10الرقم المعياري الدولي: 978-0133423648
تمرين 4
Suppose an economy open to international capital movements has a crawling peg exchange rate under which its currency is pegged at each moment but is continuously devalued at a rate of 10 percent per year. How would the domestic nominal interest rate be related to the foreign nominal interest rate? What if the crawling peg is not fully credible?
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Crawling peg is a part of fixed exchange...

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International Economics 10th Edition by Paul Krugman,Maurice Obstfeld ,Marc Melitz
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