Bordo, Michael D. (contributor); Gomes, Tamara (contributor) - 2009
Canada played an important role in the postwar establishment of the International Monetary Fund (IMF), yet it was also … of a floating, market-determined exchange rate. Although the IMF heavily criticized this decision, Canada’s trail … floating exchange rates, which had predicted significant volatility. In May of 1962, Canada returned to the BrettonWoods system …
