Under the gold exchange standard exchange rates were fixed and governments were free to pursue a monetary policy consistent with internal balance.
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Q57: Under the Bretton Woods system, gold was
Q58: The Bretton Woods system required active intervention
Q59: In the Bretton Woods system the U.S.
Q60: The gold exchange standard was also called
Q61: The purpose of the Bretton Woods system
Q63: A benefit of the gold exchange standard
Q64: The major cost associated with the gold
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