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The Fixed Exchange Rates of the Bretton Woods System Were

Question 72

Multiple Choice

The fixed exchange rates of the Bretton Woods system were maintained


A) by central bank interventions in the foreign-exchange market.
B) by the requirement that short-term interest rates be equalized in all participating countries.
C) by the requirement that long-term interest rates be equalized in all participating countries.
D) through the automatic workings of the foreign-exchange market.

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