Under the Bretton Woods system,
A) the U.S.dollar was the only currency that was fully convertible to gold; other currencies were not directly convertible to gold.
B) all currencies of member states were fully convertible to gold.
C) all currencies of member states were fully convertible to gold or silver.
D) none of the options
Correct Answer:
Verified
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Q39: The majority of countries got off the
Q40: At the outbreak of World War I
A)major
Q42: Since the end of the fixed exchange
Q43: In 1963,President John Kennedy imposed the Interest
Q44: Since the SDR is a "portfolio" of
Q45: With regard to the current exchange rate
Q46: Special Drawing Rights (SDR)are
A)an artificial international reserve
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