„Two-tier Market“
What does Two-tier Market stand for?
An exchange rate regime employed in some countries with managed currency exchange rates where the more favorable rates are maintained for selected activities..
Source:
Economic Theories and ConceptsView all itemsFrankel, Jeffrey A. “No Single Currency Regime is Right for All Countries or at All Times.” Princeton Essays in International Economics, no. 215, August 1999, Princeton University Press.
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