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Fix or Float
Warnock, Francis E. Technical Note F-1746 / Published January 5, 2016 / 2 pages.
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Product Overview

A fundamental policy decision every government must make is whether, and to what extent, to manage the exchange rate. This note discusses some of the basic costs and benefits of fixed and floating exchange rates.


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  • Overview

    A fundamental policy decision every government must make is whether, and to what extent, to manage the exchange rate. This note discusses some of the basic costs and benefits of fixed and floating exchange rates.

  • Learning Objectives