Fixed / managed exchange rate systems (some HL tasks)
This lesson looks at a comparison of fixed and floating exchange rate systems. What are the differences between a floating exchange rate system and a fixed / managed rate system?Lesson time: 70 minutesLesson objectives:Describe a fixed exchange rate system involving commitment to a single fixed rate.Distinguish between a devaluation of a currency and a revaluation of a currency.
To access the contents of this site, you must subscribe.