Word: readjusted
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Dates: during 1970-1979
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...very least, such a conference could readjust the values of major currencies in a noncrisis atmosphere. It could also make some important technical adjustments in money-trading rules. One might be to widen the fluctuations in currency prices that central banks can permit-perhaps a rise from the present 1% to 5% above or below official value. Flows of speculative money have become so large that the 1% limit has become unrealistic and a breeder of crises instead of a stabilizer...
...long produced grain surpluses-including the U.S.-to re-examine their own agricultural policies. As rice-rich Thailand has already discovered, the markets for rice are rapidly disappearing, while many wheat-importing countries may soon be producing surpluses of their own. The fact that Washington may eventually have to readjust acreage allotments and agricultural subsidies as a result...