Question: (The Current System: Managed Float) What is a managed float? What are the disadvantages of freely floating exchange rates that led countries to the managed

(The Current System: Managed Float) What is a managed float? What are the disadvantages of freely floating exchange rates that led countries to the managed float system?

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(The Current System: Managed Float) What is a managed float? What are the disadvantages of freely floating exchange rates that led countries to the managed float system?

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