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Econ 141 Fall 2013 Econ 141 Fall 2013

Econ 141 Fall 2013 - PowerPoint Presentation

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Uploaded On 2015-09-23

Econ 141 Fall 2013 - PPT Presentation

Slide Set 9 Fixed vs Floating Exchange Rates Fixed vs Floating Rates Example Britain and the ERM In September 1992 Britain left an exchange rate peg with the EU to float the pound A step towards the euro was a fixed exchange rate system created in 1979 called the Exchange Rate Mechanism ID: 137700

rate exchange country countries exchange rate countries country currency fixed rates gold trade economic interest inflation wealth costs foreign

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