7. The current system might best be described as a managed float. Given the severe shocks that...

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7. The current system might best be described as a managed float. Given the severe shocks that international markets have suffered since 1 973, the system appears to be working reasonable well.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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