Which of the following was not true with respect to the Bretton Woods system?
A) It was created at a conference in 1944.
B) The number of countries originally involved was 44.
C) All currencies were fixed in relation to the U.S. dollar.
D) The U.S. dollar was just another currency in this system.
E) Exchange rates changed daily.
Correct Answer:
Verified
Q14: The international monetary system that was in
Q15: The gold exchange standard is best described
Q16: The Bretton Woods system:
A) allowed countries to
Q17: Which of the following is correct under
Q18: Under the gold exchange standard:
A) each country's
Q20: The IMF:
A) provides technical assistance to member
Q21: Which organization is responsible for making loans
Q22: In the Bretton Woods system, countries with
Q23: Special Drawing Rights are issued by the:
A)
Q24: Which of the following was a period
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