TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PRICE ANCHORING [1 record]

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Alphabetical list of terms

Record 1 1998-02-13

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

The costs [of a common currency] entail the loss of an independent monetary policy and exchange rate to cushion shocks, while the benefits include reduced transactions costs, greater efficiency associated with integration of markets, and anchoring of prices in a larger monetary area.

French

Domaine(s)
  • Politique monétaire et marché des changes
CONT

Parmi les coûts [d'une monnaie commune] figure le fait qu'il ne sera plus possible de mener la politique monétaire et de taux de change indépendante permettant d'amortir les chocs, tandis que les avantages comprennent des coûts de transaction réduits, l'efficience accrue qu'entraîne l'intégration des marchés et l'ancrage des prix dans un ensemble monétaire plus vaste.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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