Explain the adjustable fixed exchange rate system under the


1. Describe the historical context that contributed to the introduction of the Special Drawing Rights in the International Monetary Fund in 1969.

2. Describe the impact of the Franco-Prussian War (1870-71) in creating the gold standard.

3. Explain the "(adjustable) fixed exchange rate" system under the Bretton Woods system.

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Business Economics: Explain the adjustable fixed exchange rate system under the
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