7. List the pros and cons of the Bretton Woods system. Why did it collapse in the...

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7. List the pros and cons of the Bretton Woods system. Why did it collapse in the 1970s? Q10. What is PPP and how does it differ from IRP? Give real-world examples for each of these two methods of exchange rate determination

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7. List the pros and cons of the Bretton Woods system. Why did it collapse in the...

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