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Current Exchange System After the Bretton Woods system broke down, the world finally accepted the use of floating foreign exchange rates during the Jamaica agreement of 1976. This meant that the use of the gold standard would be permanently abolished. However, this is not to say that governments adopted a pure free-floating exchange rate system.

Aunty Ni Gown Lo Chusthe Abbaaaaa 2011-07-06T06:00:00-07:00 Rating: 4.5 Diposkan Oleh: sinc