The benefits of floating exchange rates served as one of the motivations for the international system of floating rates established after World War II.
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Q339: A fixed exchange rate means that the
Q340: If the government wants to decrease the
Q341: Foreign exchange controls are systems of a
Q342: A fixed rate can be expensive because
Q343: Governments can use foreign exchange controls to
Q345: Foreign exchange controls may distort incentives for
Q346: Since they reduce uncertainty, fixed exchange rates
Q347: The Bretton Woods agreement was abandoned in
Q348: The Bretton Woods agreement called for a
Q349: If the target exchange rate of a
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