President Nixon "closed the gold window"
A) as a political expediency
B) to force the allies to devalue their currencies
C) to try to save the Bretton Woods exchange rate system
D) to halt dramatic inflows of gold into the United States
E) to cure the U.S.domestic deflationary spiral
Correct Answer:
Verified
Q210: Managed float means
A)a fixed exchange rate system
Q211: Weak economies with shrinking incomes tend to
Q212: Which of the following is not considered
Q213: Which of the following best describes circumstances
Q214: Which of the following is not a
Q216: In "closing the gold window" in 1971,
Q217: The current international financial system is a
Q218: Flexible exchange rates are more volatile than
Q219: Today's exchange rate system can be described
Q220: The breakdown of the Bretton Woods system
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