The benefits of fixed exchange rates served as one of the motivations for the international system of fixed rates established after World War II.
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Q348: The Bretton Woods agreement called for a
Q349: If the target exchange rate of a
Q350: A floating rate system eliminates uncertainty about
Q351: If a country adopts a fixed rate,
Q352: Foreign exchange controls decrease the costs of
Q354: Floating exchange rates lead to more stable
Q355: A floating rate can be expensive because
Q356: If the target exchange rate of a
Q357: If a country fixes its exchange rate,
Q358: A fixed rate system eliminates uncertainty about
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