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10-12-2019
Business

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A key disadvantage of exchange-rate targeting is the targeting country can no longer pursue its own independentmonetary policy and use it to respond to domestic shocks that are independent of those hitting the anchor country. However, for emerging market countries this policy may be __________.

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verajulieta300 verajulieta300

10-12-2019

More advantages when domestic monetary and political institutions are not conducive to good monetary policy making.

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