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The Bretton Woods System

Question 17

Multiple Choice

The Bretton Woods system


A) allowed for market-determined exchange rates.
B) ended the use of the gold standard in all participating countries.
C) led to a dramatic increase in the U.S. balance of payments deficit.
D) resulted in the rapid increase of the U.S. gold supply in the 1960s.
E) All of the above.

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