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The Bretton Woods System Was One of

Question 28

Multiple Choice

The Bretton Woods system was one of


A) relatively fixed exchange rates set across the world by international agreement.
B) extremely flexible exchange rates monitored across the world by international agencies.
C) actively managed, floating exchange rates dominated by the major currency markets around the world.
D) laissez-faire exchange rate policy that allowed countries to focus entirely on domestic policy issues.
E) relatively fixed exchange rates that could be changed only once during a specified week every year.

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