Disadvantages of fixed exchange rate - Fixed Exchange Rate Definition
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Pros and Cons of Fixed Exchange Rates
Fixed Exchange Rate Definition
Benefits and Costs of Fixed Exchange Rates
What are the disadvantages of fixed exchange rate system?
This will make these people to earn profit.
Investment and trade may be adversely affected.
It allows you to determine how much of one currency you can trade for another.
The International Monetary Fund set up by the Bretton Woods Agreement of 1944 came into operation in March 1947.
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