List the three main programs of exchange rate management used by countries?© BrainMass Inc. brainmass.com December 19, 2018, 9:32 pm ad1c9bdddf
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 ...
List the three main programs of exchange rate management used by countries?