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International Trade ?

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TANSTAAFL posted on Fri, Jul 29 2011 10:26 AM

When I took international econ we talked about this triangle thingy that limited policy options for different nations. If I remember correctly two of the triangle points were free floating exchange and fixed exchange. A country can have two of the three, but for example it could not have free floating and a pegged currency. For the life of me I cannot recall exactly what this triangle is. I have tried googling with no results.  Help!

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