Discuss fixed and floating exchange rate systems during, Business Economics

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Discuss fixed and floating exchange rate systems during

Discuss fixed and floating exchange rate systems. During what period in post-war international economic relations did each exist, respectively? Use the systemic and subsystemic levels-of-analysis to discuss the transition from one system to the other. What is the principal mechanism for exchange adjustment today? Does that represent progress or, decline, for international monetary relations today? Explain.

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