exchange rate regime

 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.