Blogs on Assignments, Essays and Dissertations

Select a country (other than Malaysia) that experienced large-scale trade deficits, depletion of foreign reserve holdings, and a major currency depreciation/devaluation in the past, followed by the decision to freely float its currency. These events also brought about a severe recession and higher unemployment in that country. Since the currency depreciation/devaluation, however, the trade balance has improved. Investigate the selected country’s experiences in detail and […]