Under the Bretton Woods Agreement, Appreciation of a Country's Currency

Multiple Choice

Under the Bretton Woods Agreement, appreciation of a country's currency against the dollar necessitated

A) a contractionary shift in that country's monetary policy by buying dollar securities.
B) an expansionary shift in that country's fiscal policy by increasing its government's share of domestic spending.
C) an expansionary shift in that country's monetary policy by buying dollar securities.
D) a contractionary shift in that country's fiscal policy by reducing its government's share of domestic spending.
E) an expansionary shift in that country's monetary policy by selling dollar securities.