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Under the Original Bretton Woods Agreement

Question 8

Multiple Choice

Under the original Bretton Woods agreement,


A) countries were to permit absolutely no variation in exchange rates.
B) gold was demonetized as an international reserve asset.
C) the IMF was primarily to engage itself in long-term development loans.
D) a country joining the IMF was assigned a quota to be paid in gold and the country's Own currency.

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