Visit the website of the World Bank and review this paper on "Choice Of Exchange Rate Regimes For Developing Countries" (Yagci 2001). Examine the table of Exchange Rate Regimes and compare it to the one in your textbook. Please choose one Regime. In your own words, describe that regime and its placement in the category of Exchange Rate Control. Elucidate the advantages and disadvantages of that regime. Finally, select a country with that Regime choice. Why do you think this country uses this particular regime? Explain if you think this country has made the right choice given the advantages and disadvantages listed and what you know about that country. Please use the link to the CIA World Factbook to learn more about your country of choice if necessary.
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