Under President Nixon,the international economic system moved from __________ exchange rates to __________ exchange rates.

Question

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Under President Nixon, the international economic system moved away from fixed exchange rates, which were established under the Bretton Woods system, to floating exchange rates. This move was known as the Nixon Shock and was implemented in response to economic pressures, including inflation and trade imbalances.

Under President Nixon,the International Economic System Moved from __________ Exchange