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An Experiment with Official and Parallel Foreign Exchange Markets in a Developing Country

Year of publication:
1999
Authors: Hazlett, Denise ; Ganje, Jeela
Published in:
The Journal of Economic Education. - Taylor & Francis Journals, ISSN 0022-0485. - Vol. 30.1999, 4, p. 392-401
Publisher: Taylor & Francis Journals
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Extent:
text/html
Type of publication: Article
Source:
RePEc - Research Papers in Economics
Persistent link: https://www.econbiz.de/10010825684
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    • ECONOMIC INSTRUCTION - An Experiment with Official and Parallel Foreign Exchange Markets in a Developing Country - Students take the roles of importers and exporters in a developing country. The experiment shows how international trade falls if the government tries to maintain an overvalued currency without expending international reserves. It also shows that the exchange rate in a parallel market ...

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