With the Bretton Woods system of international exchange rates
A) the value of a country's currency was determined strictly by the laws of supply and demand.
B) the value of a country's currency was determined by its stock of gold.
C) there were fixed exchange rates, and most countries were obligated to intervene to maintain the values of their currencies within 1 percent of par value.
D) a nation's balance of payments was eliminated.
Correct Answer:
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