Which of the following is a correct statement for a floating exchange rate regime : Regular intervention of the central bank in forex market by the central bank is required. Control over monetary tools of a central banks are compromised. Monetary policy is efective Fiscal policy is relatively ineffective

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Chapter34: International Finance
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Which of the following is a correct statement for a floating exchange rate regime :
Regular intervention of the central bank in forex market by the central bank is required.
Control over monetary tools of a central banks are compromised.
Monetary policy is effective
Fiscal policy is relatively ineffective
Transcribed Image Text:Which of the following is a correct statement for a floating exchange rate regime : Regular intervention of the central bank in forex market by the central bank is required. Control over monetary tools of a central banks are compromised. Monetary policy is effective Fiscal policy is relatively ineffective
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