In 1987, the so-called Louvre Accord
A) formally abolished the Bretton Woods system.
B) established unofficial trading ranges for currencies.
C) committed the United States to defend a fixed price for gold.
D) designated the Japanese yen as an official reserve currency.
Correct Answer:
Verified
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Q56: Capital inflow restrictions
A)receive less support from economists
Q57: U.S. officials carry out foreign-exchange interventions through
A)the
Q58: During the 1980s, the Reagan administration intervened
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Q60: Which of the following is NOT included
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