Question: Does Spain use a floating or pegged exchange rate, a managed - float or dirty - float system? Please describe. What could the IMF and

Does Spain use a floating or pegged exchange rate, a managed-float or dirty-float system? Please describe.
What could the IMF and the World Bank each do differently to improve worldwide trade, investment and quality of life?
Which is better, a floating or pegged exchange rates? Please explain why.

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