Which of the following is not true regarding the Bretton Woods Agreement?
A) It called for fixed exchange rates between currencies.
B) Governments intervened to prevent exchange rates from moving more than 1 percent above or below their initially established levels.
C) The agreement lasted from 1944 until 1971.
D) Each country used gold to back its currency.
E) All of the above are true regarding the Bretton Woods Agreement.
Correct Answer:
Verified
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