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The Bretton Woods System

Question 16

Multiple Choice

The Bretton Woods system:


A) allowed countries to change their exchange rate when facing long-term current account imbalances.
B) allowed countries to change their exchange rate when facing short-term current account imbalances.
C) did not allow countries to change their exchange rate.
D) fell apart shortly after World War II.
E) was not related to the dollar.

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