How do managed floating exchange rates operate why were, Ask an Expert

Economics

What factors underlie a nation's decision to adopt floating exchange rates or fixed exchange rates? How do managed floating exchange rates operate? Why were they adopted by the industrialized nations in 1973? Has the abandonment of the Bretton Woods system of adjustable pegged exchange rates been beneficial or detrimental to global financial stability?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9687823

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