It has become largely accepted since the end of the Bretton Woods agreement that:

Question

Quizplus · Accepted Answer

Since the end of the Bretton Woods agreement, it has become widely accepted that fixing exchange rates for long periods of time is not necessary. This is due to the recognition that markets are dynamic and constantly changing, and that flexible exchange rates can better reflect these changes. Therefore, it is no longer necessary to fix exchange rates for prolonged periods. While the other options presented are not entirely accurate, C is the best choice because it provides an accurate statement regarding the current accepted view on exchange rates.

It Has Become Largely Accepted Since the End of the Bretton