Since 1973,exchange rates have been relatively stable thanks to the floating exchange rate system currently in place.

Question

Quizplus · Accepted Answer

While the floating exchange rate system has been in place since 1973, exchange rates have not always been stable under this system. In fact, there have been significant fluctuations in exchange rates over the years, particularly during periods of economic crisis or instability.

Since 1973,exchange Rates Have Been Relatively Stable Thanks to the Floating