Which of the following is not appropriate, if we live in a world of fixed exchange rates?
A. monetary approach to the exchange rate
B. elasticities approach
C. monetary approach to the BOP
D. absorption approach
Answer:A
Which of the following is not appropriate, if we live in a world of fixed exchange rates?
A. monetary approach to the exchange rate B. elasticities approach C. monetary approach to the BOP D. absorption approach