Why has support for a system of fixed exchange rates tended, Financial Management

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Why has support for a system of fixed exchange rates tended

1. Evaluate the following argument: "The United States did not really leave the gold standard in 1933. Under the Bretton Woods system, the United States stood ready to redeem U.S. currency for gold at a fixed price, and that is the basic requirement of the gold standard."

2. Why has support for a system of fixed exchange rates tended to be higher in Europe than in the United States?

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Financial Management: Why has support for a system of fixed exchange rates tended

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