The international monetary system in which foreign currency prices are linked to the U.S. dollar and gold, the dollar is tied to gold at a fixed price and central banks are obligated to intervene in the currency markets to keep their home currency's exchange rate with the dollar within a narrowly defined band is called the:
A) Gold standard
B) Gold exchange standard
C) Modified exchange standard
D) Managed floating currency standard
E) None of the above
Correct Answer:
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