Multiple Choice
The Bretton Woods agreements
A) established a system of fixed exchange rates based on the free convertibility of the U.S.dollar into gold.
B) established a system of fixed exchange rates based on the gold standard.
C) permitted countries with a balance of payments deficit to make regular devaluations of their currencies.
D) established GATT to police and manage exchange rates.
Correct Answer:
Verified
Correct Answer:
Verified
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