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As the Bretton Woods Agreement Was Being Abandoned and New

Question 13

Multiple Choice

As the Bretton Woods Agreement was being abandoned and new approaches to dealing with currency valuations were being sought,the economies of the United States and other major countries were weakening.This weakening was evidenced by:


A) higher exports,higher inflation and rising currency values.
B) declining currency values,an outflow of gold and higher interest rates.
C) lower imports,higher exports and stable currency values.
D) higher imports,higher inflation and outflow of a nation's currency.

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