微信扫一扫
实时资讯全掌握
|
Ashok Jain is assessing the currency value of Lutina. He uses the IMF approach to assess the long-term equilibrium real exchange rate. One mechanism he employs is the assess the change in real value of the currency necessary to force the current levels of Lutina’s debt relative to its GDP towards reasonable levels.
This approach is known as: A. Macroeconomic balance approach B. External sustainability approach C. Reduced-form econometric approach |