The time from 1971 to today has predominately used a regime of variable exchange rates. It has also seen a decrease in capital mobility.

Question

Quizplus · Accepted Answer

The statement is incorrect. The time from 1971 to today has predominantly used a regime of floating exchange rates, where the exchange rates are determined by the market forces of supply and demand. Additionally, there has been an increase in capital mobility, with countries lifting restrictions on the movement of capital across borders.

The Time from 1971 to Today Has Predominately Used a Regime