In the Williamson "target zone" plan, the major industrialized countries would negotiate mutually consistent __________ target exchange rates, and there would be __________ deviation permitted from these target rates.

Question

Quizplus · Accepted Answer

The Williamson "target zone" plan involves negotiating mutually consistent real effective target exchange rates among major industrialized countries, with some permitted deviation from these target rates to allow for flexibility.

In the Williamson "Target Zone" Plan, the Major Industrialized Countries