1. In Capitalism And Freedom, Equality And Efficiency And Everything For Sale
... allows the public to exercise control over monetary policies. To reach a balance of trade, according to Friedman the free market solution of floating exchange rate is also more effective than combinations of various government intervention methods. Free market forces should determine freely flowing exchange rates. As exchange rate change, price of goods change respectively, therefore the amount of imports and exports ... ...
- Word Count: 3859
- Approx Pages: 15
- Grade Level: Undergraduate