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Please limit your answers to no more than two pages double-spaced. With the demise of the Bretton Woods fixed exchange rate system, the major functions of the International Monetary Fund have been to both serve as a lender of last resort and also to help countries coordinate macroeconomic policies. Explain why macroeconomic policy coordination is important for the stability of exchange rates.

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Darryn D'Souza
Darryn D'SouzaLv10
28 Sep 2019

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