Following the demise of the Bretton Woods system,the IMF
A) created a new role for itself, providing loans to countries facing balance-of-payments and exchange rate difficulties.
B) ceased to exist, since the era of fixed exchange rates had ended.
C) became the sole agent responsible for maintaining fixed exchange rates.
D) became the central bank of the United Nations.
Correct Answer:
Verified
Q23: At the outbreak of World War I
A)major
Q36: Under the Bretton Woods system
A)there was an
Q37: During the period between World War I
Q42: Since the end of the fixed exchange
Q42: Special Drawing Rights (SDR) are
A)an artificial international
Q51: The Bretton Woods system ended in
A)1945.
B)1973.
C)1981.
D)2001.
Q54: Put the following in correct date order:
A)Jamaica
Q55: Gold was officially abandoned as an international
Q57: Put the following in correct date order:
A)Jamaica
Q59: The G-7 is composed of
A)Canada,France,Japan,Germany,Italy,the U.K.,and the
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