How has exchange rate policy changed over time?

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    How has exchange rate policy changed over time?  In your answer, please emphasize the difference between the gold standard, fixed exchange rates, and floating exchange rates.  Also, in your answer, tell us a little bit about the “Bretton Woods Conference.”  What were some of its policies in regards to exchange rates?  How have they changed over time?  Finally, one thing that you’ll learn is whether a country fixes or floats depends upon its unique characteristics and even preferences… So, why would a country fix versus float?  Better yet, why would a country fix relative to some of its trading partners, but float relative to others?

     

      

    How has exchange rate policy changed over time?  In your answer, please emphasize the difference between the gold standard, fixed exchange rates, and floating exchange rates.  Also, in your answer, tell us a little bit about the “Bretton Woods Conference.”  What were some of its policies in regards to exchange rates?  How have they changed over time?  Finally, one thing that you’ll learn is whether a country fixes or floats depends upon its unique characteristics and even preferences… So, why would a country fix versus float?  Better yet, why would a country fix relative to some of its trading partners, but float relative to others?

     

    **Please respond is 700-900 words**

    **2 max outside sources allowed***

     
     
     

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