Effects of Fixed Exchange in Australia

Abstract: A 5 page paper discussing the likely consequences to the Australian dollar were it pegged to that of the US and the US relaxed its monetary policy. Australia's real dollar is not attached to any other nation's currency of course, but the purpose here is to speculate on the effects that a fixed exchange rate could have on the Australian economy. The paper examines standard patterns in such arrangements, then considers two "what if" scenarios that would affect the Australian economy under such an arrangement. Bibliography lists 4 sources.

Filename: KSfixedXchg.wps

Pages: 5

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Catagory:

Subcatagory: Economics And Economic Theory

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