Impossible trinity of international macroeconomics

Assignment Help Business Economics

Reference no: EM13888374

Economists sometimes refer to the attempt by countries to fix their exchange rates, control thier money supply, and operate with open capital accounts in their balance of payments (that is , to have no restrictions on capital movements) as the "impossible trinity" of international macroeconomics. Based on what you have learned so far, would you agree that this combination of policies is impossible to achieve? Explain.

Reference no: EM13888374

Questions Cloud

What is the difference between dss and knowledge management : What is the difference between DSS and knowledge management?

What is the principal remaining-nominal compounded monthly : What is the principal remaining after 15 monthly payments have been made on a $23,000 four-year loan? The annual interest rate is 12% nominal compounded monthly. Please show all steps.

Minimize expected interest costs : If Condo needs to borrowmore money during the year, the company will have to go toLouie the Loan Shark. The cost per dollar borrowed from Louie is 25¢. To minimize expected interest costs for the year,how much money should Condo borrow from the ba..

What is the value of software? give several examples : What is the value of software? Give several examples of software you use at school or home.

Impossible trinity of international macroeconomics : Economists sometimes refer to the attempt by countries to fix their exchange rates, control thier money supply, and operate with open capital accounts in their balance of payments (that is , to have no restrictions on capital movements) as the "impos..

What are the independent variables : What variables affect the damping of a spring executing simple harmonic motion?

What is the difference between e-commerce and mcommerce : What is the difference between e-commerce and mcommerce?

What are the three potential conflicts of interest : Q1: What are the three potential conflicts of interest that can take place during the auditing process? Explain. Your response should be at least 200 words in length. Please include in-text citation and referencesences

Elasticity of supply affect the loss of economic surplus : How does elasticity of supply affect the loss of economic surplus caused by a price ceiling? Why does the loss in total economic surplus directly experienced by participants in the market for a good that is taxed overstate the overall loss in economi..

User Account

All Pages