Robert Mundell discussed the problems of moving from a _____ to a _____.

Question

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Robert Mundell discussed the problems and challenges that arise when moving from a fixed exchange rate system to a flexible exchange rate system. Mundell, who was awarded the Nobel Memorial Prize in Economic Sciences in 1999 for his work in the area of monetary dynamics and optimum currency areas, argued that fixed exchange rate systems require extensive coordination and discipline among countries, while flexible exchange rates require greater flexibility and adjustment. Moving from one to the other can be a complex process with many economic and political implications.

Robert Mundell Discussed the Problems of Moving from a _____