Between the end of World War II and 1971,the United States dollar was
A) the only major currency in the world convertible into gold for purposes of international payments.
B) not used as an international currency.
C) the only major currency in the world not backed by gold.
D) not very important in the transfer of goods between countries.
E) undervalued,leading to consistent balance-of-payment deficits.
Correct Answer:
Verified
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