Mundell, Robert A. (contributor) - 2002 - [Elektronische Ressource]
a dozen years of floating, Canada went back to fixed
exchange rates in the 1960s, getting the US inflation rate. In the …). There are, however, two problems in getting to that
solution: a convergence problem and a management problem. The … role. Reserve needs tend to increase with the square root of the size of country
rather than proportionately. Strict …