A Virtual Exchange Rate: for Exporters and Importers by Duncan Stewart for Kindle on BookLending.com

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A Virtual Exchange Rate: for Exporters and Importers

Duncan Stewart

ASIN: B019OOFV4M

Publisher: unknown

Pages: 75

Stuck at home with nothing to do? Ever wonder how countries can pay back their massive debts? A Virtual Exchange Rate is proposed to create sustainable growth through foreign trade, while supporting jobs and wages. It is a floating-fixed rate hybrid, built from the existing output of monetary policy, which could be used for cross-border trade. Countries that adopt this reform should specialize in what they are best at doing, adapt better to changing economic conditions and become more resilient.

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