The architects of the Bretton Woods agreement wanted to avoid high unemployment, so they built the fixed exchange rate system to be highly inflexible.
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Q12: Under the gold standard, a country in
Q13: Since 1973, exchange rates have become less
Q14: During the Bretton Woods negotiations, there was
Q15: The activities of the International Monetary Fund
Q16: Under a floating exchange rate system, a
Q18: A pegged exchange rate means the value
Q19: Pegged exchange rates are most popular in
Q20: The U.S. dollar, EU euro, Japanese yen,
Q21: The institutional arrangements that govern exchange rates
Q22: In terms of the gold standard, the
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