Issues and Challenges of Convertibility
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Author
Edition
1st ed.
Publisher
ISBN
8189886967
Length
x+142p.
Subjects
Convertibility is the best tool in the hands of monetary authority of a country to adjust monetary disequilibrium. Monetary disequilibrium arises due to heavy down payment of one country's currency. In the international arena, one country's currency is adjusted interms of another country's currency, so as to make international trade in a larger quantity. Many financial crises have been settled with the help of convertibility. Most industrialized economics like ...
