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However, in 1971 the United States government declared that it was suspending the convertibility of the dollar, and there followed an ever-evolving progress to
However, in 1971 the United States government declared that it was suspending the convertibility of the dollar, and there followed an ever-evolving progress to the ongoing system of drifting trade rates in which most legislatures never again endeavor to control their trade rates or to force controls upon admittance to unfamiliar monetary standards or upon admittance to global monetary business sectors. The way of behaving of the global monetary framework was changed. Trade rates turned out
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