Which of the following are reasons managed floating exchange rates were adopted by the industrialized nations in 1973?
Check all that apply.
A) To avoid delays in adjustments of exchange rates caused by procedural difficulties and political biases
B) To enable dirty floats in order to offset free market forces of supply and demand
C) To enable more prompt and continuous adjustments of exchange rates in response to evolving market forces
D) To enable nations to initiate fluctuations in exchange rates

A) To avoid delays in adjustments of exchange rates caused by procedural difficulties and political biases.

C) To enable more prompt and continuous adjustments of exchange rates in response to evolving market forces.

Explanation:

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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