International policy coordination refers to
A)central banks in major nations acting without regard to the global consequences of their policies.
B)central banks in major nations pursuing only domestic objectives.
C)central banks adopting policies in pursuit of joint objectives.
D)central banks all adopting identical policies.

Question

Quizplus · Accepted Answer

International policy coordination refers to the joint efforts made by central banks of major nations to adopt policies that are aligned with common objectives. This ensures that their policies do not have negative consequences on other countries or the global economy as a whole.

International Policy Coordination Refers to