Explain, with the aid of an example, why under a flexible exchange rate Canada can have lower interest rates than the United States.
1
Expert's answer
2016-12-07T08:12:12-0500
Because flexible exchange rate is able to attract inflow of foreign capital into the country, which will lower the interest rates in a national economy.
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
Comments
Leave a comment