This paper discusses the relative advantages of floating exchange rates vis-a-vis a pegged exchange rate regime. with special emphasis on the implications foreffective demand. More particularly. it explores whether a currency depreciationhas a beneficial effect on aggregate demand and hence on employment. https://www.spidertattooz.com/Metabo-HPT-NT1865DMASTM-18V-MV-15-Gauge-Brushless-Cordless-Angled-Finish-Nailer/