77 922
Assignments Done
Successfully Done
In August 2019

Answer to Question #63878 in Macroeconomics for Saifa Sodhi

Question #63878
Explain, with the aid of an example, why under a flexible exchange rate Canada can have lower interest rates than the United States.
Expert's answer
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.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions