Explore BrainMass
Share

Programs of exchange rate management

This content was STOLEN from BrainMass.com - View the original, and get the solution, here!

List the three main programs of exchange rate management used by countries?

© BrainMass Inc. brainmass.com September 23, 2018, 5:16 am ad1c9bdddf - https://brainmass.com/economics/integration/programs-of-exchange-rate-management-62558

Solution Preview

The three major programs are:

Monetary unification - integration with other nations e.g., the EU. The power to issue currency is surrendered to the supranatural body and member countries are usually made to align their economies to meet the set conditions, i.e., convergence test.

Fixed Exchange Rate system: In a fixed rate regime, the government sets the rate at which the ...

Solution Summary

List the three main programs of exchange rate management used by countries?

$2.19