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Under the Exchange Rate System Established by the Bretton Woods

Question 3

Multiple Choice

Under the exchange rate system established by the Bretton Woods agreement,the value of most currencies in terms of ______________ was fixed for long periods and was allowed to change only under a specific set of circumstances.


A) British pound
B) Japanese yen
C) U.S. dollars
D) Chinese Renminbi
E) European Euro

Correct Answer:

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