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Fix or Float

Warnock, Francis E...

Technical Note

Fix or Float

Warnock, Francis E.

F-1746 | Published January 5, 2016 | 2 pages Technical Note

Collection: Darden School of Business

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A fundamental policy decision every government must make is whether, and to what extent, to manage the exchange rate. This note discusses some of the basic costs and benefits of fixed and floating exchange rates.

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