International Monetary Systems: The Fixed-Rate Dollar Standard (1950-1970)

Question

The Fixed-Rate Dollar Standard (1950-1970)

Rafael Rivera González · Accepted Answer

Fix an official par value for domestic currency in terms of the U.S. Dollar, and keep the exchange rate within 1 percent of this par value indefinitely.

International Monetary Systems

The Fixed-Rate Dollar Standard (1950-1970)

Fix an official par value for domestic currency in terms of the U.S. Dollar, and keep the exchange rate within 1 percent of this par value indefinitely.

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