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It is the concept in economics that a country can attain only two of the following conditions:
1. A fixed exchange rate
2. Free international flows of capital
3. Independant monetary policy
It is very difficult, if not impossible, to have all three conditions.
Wiki User
∙ 11y ago
The incompatible trinity, also known as the impossible trinity or the trilemma, is an economic concept that states that it is impossible to have all three of the following simultaneously: a fixed foreign exchange rate, free capital movement, and an independent monetary policy. If a country tries to have all three, it will have to give up one of them. For example, if a country wants to maintain a fixed exchange rate, it will have to sacrifice free capital movement or an independent monetary policy.
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A sentence for incompatible?
That laptop charger is incompatible with your computer.
Does Satan have a trinity like God has a Trinity?
No, Satan does not have a trinity like God has a trinity.
What is the definition of the word incompatible?
The definition of incompatible is the incapability of associating or blending with something because of disharmony. For example: This medication is incompatible with alcohol.
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Incompatible how? Processes can be independent.
What is the elements in actinides series Incompatible with?
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What is the prefix for compatible?
It's "-in." Incompatible means not consistent or able to coexist with (another).
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The Trinity is a word that is used in Christianity. The Trinity refers to the Father, Son, and the Holy Spirit.
Where is the Trinity Historical Society in Trinity Texas located?
The address of the Trinity Historical Society is: Po Box 1204, Trinity, TX 75862-1204
Is incompatible a real word?
Yes, of course. The prefix 'in' means 'not.' So incompatible means 'not compatible.'
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Trinity Marquez's birth name is Trinity Jordan Rae Marquez.
