Exchange rates between worlds major currencies are floating

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The exchange rates between the world's major currencies are floating. Each major country in the world is using its monetary policy to attempt to improve the country's international price competitiveness during the next few years.

Is this a situation in which international macroeconomic policy coordination could be useful? Why or why not?

Reference no: EM131213878

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Exchange rates between worlds major currencies are floating : The exchange rates between the world's major currencies are floating. -Is this a situation in which international macroeconomic policy coordination could be useful? Why or why not?
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