What is the advantage of a managed floating system, International Economics

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What is the advantage of a managed floating system

Problem

What is meant by a managed floating exchange rate system? How does the policy of leaning against the wind operate? What is the advantage of a managed floating system with respect to a freely floating exchange rate system and a fixed exchange rate 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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International Economics: What is the advantage of a managed floating system

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