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Examines impact of Bretton Woods Conference, flexible & floating (free & managed) exchange rates, volatility and the impact on developed & emerging economies.
Streissler points out that the role of exchange rates in international business relations and operations remains one of the more controversial issues in international research and literature. Because this issue is controversial and as yet unsettled, it is important that more research is conducted to help solidify theoretical propositions describing the influence exchange rates have on decision making in business. This study will help achieve this aim, determining the exact effect exchange rates have on foreign direct investment and capital flow across borders.
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