question archive Graphically illustrate and explain the exchange rate regime over a 15-year period for two small open Caribbean economies
Subject:BusinessPrice: Bought3
Graphically illustrate and explain the exchange rate regime over a 15-year period for two small open Caribbean economies.
One must have an exchange rate system that is fixed or pegged and the other a floating exchange rate system.
b) Use the Mundell-Fleming model with perfect capital mobility, for each economy, analyze why the effectiveness of monetary, fiscal, and trade policies depend on the exchange rate regime in place in a country