Mundell, Robert A. (contributor) - 2002 - [Elektronische Ressource]
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somewhat less than 25 per cent of the world economy, Euroland (E), 20, and Japan (J), 15. Together
this AJE “core” represents … diverse interests and prospects as Japan and China. A problem with the
use of the yen as a reference or pivot currency has … fixed such that the Bank of Japan buys and sells yen at $1 = ¥100; the
ECB buys and sells euros at $1 = E1. They engage in …