Difference between revisions of "Fixed exchange rate system"
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(New page: A system in which exchange rates between currencies are set at a predetermined level and do not move in response to changes in supply and demand.) |
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A system in which exchange rates between currencies are set at a predetermined level and do not move in response to changes in supply and demand. | A system in which exchange rates between currencies are set at a predetermined level and do not move in response to changes in supply and demand. | ||
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| + | ==Sources== | ||
| + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
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| + | [[Category:Economics]] | ||
Revision as of 03:13, July 1, 2007
A system in which exchange rates between currencies are set at a predetermined level and do not move in response to changes in supply and demand.