THEORIES OF INTERNATIONAL RELATIONS I (ULUSLARARASI İLİŞKİLER KURAMLARI I) - (İNGİLİZCE) Dersi International Political Economy soru detayı:

PAYLAŞ:

SORU:

What is comic liberalist stand on national currencies?


CEVAP:

In liberal view, national currencies should be bought and sold in free market, like goods and services. In this system of floating exchange rates, the market determines the actual value of one currency in comparison with other currencies. Just like for a good, there is a supply and demand for each national currency and the prices of currencies are adjusted continually in response to market supply and demand. This way, floating exchange rates result in market equilibrium eventually.