The monetary autonomy argument is supported by the advocates of
A) a dirty-float system.
B) fixed exchange rates.
C) pegged exchange rates.
D) floating exchange rates.

Question

Quizplus · Accepted Answer

Advocates of floating rates argue that each country should be allowed to choose its own inflation rate. This is called the monetary autonomy argument. Advocates of fixed rates argue against this.

The Monetary Autonomy Argument Is Supported by the Advocates of