What is monetary policy discuss the objectives of monetary policy?
Answers
ท The agenda of the WTO, the implementation of its agreements and the much praised dispute settlement system advances the interests of developed countries, while those of the developing countries are being sidelined.
ท Least developed countries are marginalised in the world trade system and their products continue to face tariff escalations.
ท Rules uniformly applied to WTO Members have brought about inequalities because of their different circumstances and should be changed.
The primary objectives of monetary policies are the management of inflation or unemployment, and maintenance of currency exchange rates. The strength of a currency depends on a number of factors such as its inflation rate, prevailing interest rates in its home country, or the stability of the government, to name a few.