IMF Chapter 1 Flashcards

1
Q

What types of fixed exchange rate regimes exist?

A
  1. No separate legal tender
  2. Currency board
  3. Other fixed pegs
  4. Pegs within horizontal bands
  5. Crawling pegs
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2
Q

What types of floating exchange rate regimes exist?

A
  1. Managed floating with no predetermined path
  2. Independently floating
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3
Q

What is a crucial condition for the CIP?

A

Perfect capital mobility

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