IMF Chapter 1 Flashcards by Marnix Boerhout

Q

What types of fixed exchange rate regimes exist?

A

No separate legal tender
Currency board
Other fixed pegs
Pegs within horizontal bands
Crawling pegs

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Q

What types of floating exchange rate regimes exist?

A

Managed floating with no predetermined path
Independently floating

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Q

What is a crucial condition for the CIP?

A

Perfect capital mobility

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