What problems might a country experience as a result

Reference no: EM131022928

An article in the Economist notes that after the end of the Bretton Woods system: "The Europeans did not like leaving their currencies to the whims of the markets." What does it mean for a country to leave its currency to the "whims of the markets"? What problems might a country experience as a result? What exchange rate system did most European countries ultimately adopt?

Reference no: EM131022928

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