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International economics - Post 1973 - what was the reality of managed floating exchange rates?

£20-250 GBP

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Publicado hace alrededor de 6 años

£20-250 GBP

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The case for floating exchange rates claimed there would be monetary policy autonomy, symmetry, and exchange rates would act as automatic stabilisers while maintaining external balance. To what extent did this hold true in the post-1973 world of managed floating exchange rates?
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