The period of 1971 to 2000 is characterized by floating exchange rates and economic volatility.

Question

Quizplus · Accepted Answer

The period of 1971 to 2000 is indeed characterized by floating exchange rates and economic volatility. This period saw the end of the Bretton Woods system of fixed exchange rates, which led to floating exchange rates and increased volatility in the currency markets. Additionally, there were several economic shocks during this period, including the oil crisis and the global recession of the early 1990s.

The Period of 1971 to 2000 Is Characterized by Floating