The world of flexible exchange rates and perfect capital mobility is often called the

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The Mundell-Fleming model describes the interplay between flexible exchange rates, perfect capital mobility, and macroeconomic policy in an open economy. The model was developed by economists Robert Mundell and J. Marcus Fleming in the 1960s and is widely used in international economics. The other options listed (A, C, and D) are not relevant to the Mundell-Fleming model.

The World of Flexible Exchange Rates and Perfect Capital Mobility