1.) (a) The foreign exchange policy of country has important functions in a country's economy. The government Oman is trying to decide whether to adopt a fixed exchange rate or a floating exchange rate policy. As a senior adviser to the government on fiscal and monetary policy, which exchange rate policy would you suggest to the government, list any four (4) advantages of your chosen exchange rates policy

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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1.) (a) The foreign exchange policy of country has important functions in a
country's economy. The government Oman is trying to decide whether to adopt
a fixed exchange rate or a floating exchange rate policy. As a senior adviser
to the government on fiscal and monetary policy, which exchange rate policy
would you suggest to the government, list any four (4) advantages of your
chosen exchange rates policy
Transcribed Image Text:1.) (a) The foreign exchange policy of country has important functions in a country's economy. The government Oman is trying to decide whether to adopt a fixed exchange rate or a floating exchange rate policy. As a senior adviser to the government on fiscal and monetary policy, which exchange rate policy would you suggest to the government, list any four (4) advantages of your chosen exchange rates policy
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