They tried to immediately find a new set of exchange rates after Bretton Woods failed- it didn't relieve it much. They used a free-floating regime which is a very mixed bag of floating and fixed exchange rates.
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it increased wages
The economy of Brazil is the world's seventh largest and eighth largest by purchasing power parity. Brazil has moderately free markets and an inward-oriented economy. Its economy is the largest in Latin American nations and the second largest in the western hemisphere. Brazil is one of the fastest-growing major economies in the world with an average annual growth rate of over 5 percent.
Cuba has a command economy
As of 2014 an estimated 22. 68 million people live in Australia. The capitol of this country is Canberra and it is the 12th largest economy in the world.
This was suggested and started by Stalin. And it is still continuing. And today's countries like Austraila, New zealand and candada have mixed economy. Mixed economy is when market economy + planned economy.