On August 15, 1971, the United States
A) returned to the gold standard.
B) suspended the convertibility of dollars into gold.
C) provided unlimited dollar reserves to the German central bank to help end a speculative attack on the mark.
D) provided unlimited dollar reserves to the Bank of England to help end a speculative attack on the pound.
Correct Answer:
Verified
Q72: The fixed exchange rates of the Bretton
Q73: The Bretton Woods system was expected to
Q74: Under the Bretton Woods system the international
Q75: The speculative attack on the British pound
Q76: Fixed exchange rate regimes
A)existed prior to the
Q78: Which of the following statements is correct?
A)A
Q79: Under the gold standard, if the demand
Q80: The Bretton Woods system lasted from
A)1801 to
Q81: Under a European monetary union,
A)European central banks
Q82: The euro is
A)the currency of Italy.
B)the rate
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