This is unit four and I have this question that I am stuck on....
In a floating exchange rate system, a currency may be subject to frequent fluctuations in its external value.
Discuss the possible economic consequences of such fluctuations for the achievement of a country’s macroeconomic objectives. (25 marks)
So this is the question. I know a lot about exchange rates but I am very unsure how I would structure my answer to this question. What do you suggest?
What should I do?