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The Mundell-Fleming framework is relevant for Europe. Which reason does not support this argument
Most European countries are certainly open and rather small.
The Monetary Union provides an extreme case of fixed-exchange rates.
Inflation was brought to a low level.
Non-Eurozone countries have different policy options.
The Mundell-Fleming framework is relevant for Europe. Which reason does not support this argument. Although inflation is a main issue of the ECB, it does not promote an analysis by the Mundell-Fleming model.
By: Barka Mirza ProfileResourcesReport error
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