Give arguments in favour of fixed exchange rate.
Answers
Answered by
1
Answer:
The main arguments against the fixed or pegged rates of exchange are as follows: (i) Primacy to Exchange Stability: ... In a country under fixed exchange system, the BOP deficit can be corrected through deflationary policies that may result in a fall in prices, recession and greater unemployment.
Explanation:
hope it helps you
pls mark me as the brainlist
Similar questions