Borrowing rights - PowerPoint PPT Presentation

The Bretton Woods System

The Bretton Woods System. Create a set of rules that would maintain fixed exchange rates in the face of short-term fluctuations; Guarantee that changes in exchange rates would occur only in the face of long-term, persistent deficits or surpluses in the balance of payments;

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Government Policies Toward the Foreign Exchange Market

Government Policies Toward the Foreign Exchange Market. Exchange Rate Management Systems International Monetary Systems International Monetary Fund (IMF). Exchange Rate Management Systems. Flexible (Floating) Exchange Rate System Fixed Exchange Rate System

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