A fixed rate system eliminates uncertainty about the future value of a currency.
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Q353: The benefits of fixed exchange rates served
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,
Q359: Fixed exchange rates lead to more stable
Q360: If a fixed currency is below its
Q361: Britain, Sweden, and Switzerland chose not to
Q362: If a country revalues its currency, it
Q363: In the 1970s most European countries were
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