Contemporary International Banking Markets
In the post World War II period there were enormous changes in the volume and pattern of world trade and the structure of the world economy. The Bretton Woods Agreement of 1944 ushered in a period of fixed exchange rates. This system was later dismantled in the 1970s with the floating of exchange rates. Exchange controls were also relaxed.
KeywordsForeign Direct Investment Foreign Exchange Mutual Fund Institutional Investor Money Market
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