Sources of economic fluctuations in oil-
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M. S. Rafiq
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Article
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2010
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John Wiley and Sons
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English
β 250 KB
If a country is dependent on one particular export commodity, what exchange rate policy should it follow? Surprisingly, there is no standard textbook prescription for such a country. In theory, rigidly pegging exchange rates to those of the developed economies allow emerging markets to fix the price