The main argument for flexible exchange rates that led to their widespread adoption in the early 1970s was that they allow domestic policymakers to adopt policies appropriate to domestic conditions without the artificial constraint of an exchange rate peg.

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If the financial services lobbyists fail to achieve complete repeal, they may nevertheless chip away at the newly imposed constraint, so that after a number of years the pre-reform conditions may be substantially restored.

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In New Brunswick, the rent control board is responsible for setting the maximum annual rent increase, within the constraint of 2.5% to 5.5%, based on economic conditions.

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