Discuss the advantages and disadvantages of the exchange rate regime of a country of your choice

Select a country of your choice and discuss the advantages and disadvantages of its exchange rate regime. Did the country have another regime prior to its present regime? If so, which one had better success? If not, what could the country do to improve the regime? Explain your reasoning.

• Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.

• You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructor’s response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn’t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.