What are the disadvantages of freely floating exchange rates


Problem

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?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What are the disadvantages of freely floating exchange rates
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