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The Bretton Woods System Confronted Severe Problems in the 1960s,problems

Question 38

Multiple Choice

The Bretton Woods system confronted severe problems in the 1960s,problems which included


A) some countries with overvalued currencies refused to devalue their currencies.
B) dollars held by foreign central banks exceeded gold reserves held by the United States.
C) the increased demand for gold brought about by lifting the prohibition against U.S.citizens owning gold.
D) all of the above

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