Exchange rates and seigniorage
Problem 1: Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates?
Problem 2: What countries have officially dollarized their economies. How does the US benefit from it?
Problem 3: What is seigniorage?
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Problem 1: Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates? Problem 2: What countries have officially dollarized their economies. How does the US benefit from it?
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