In order to avoid both the rigidity of a fixed exchange rate system and the chaos of freely floating exchange rates, the Bretton Woods Agreement provided for a/n ________.
A) gold standard
B) manually adjusted exchange rate
C) currency-based exchange rate
D) adjustable peg
Correct Answer:
Verified
Q1: In 1969, the IMF created _, which
Q2: Participating nations may use SDRs as a
Q4: The _ was established at Bretton Woods.
A)Global
Q5: In the 1960s, the _ was the
Q6: The _ oversees the international monetary system.
A)UN
B)IMF
C)GMF
D)U.S.Treasury
Q7: One creation of the Bretton Woods Agreement
Q8: The World Bank was initially intended for:
A)financing
Q9: _ float is the closest approximation to
Q10: To an extent, the International Monetary Fund
Q11: More recently, the World Bank has added
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