The IMF's System of Adjustable Parities,under the Auspices of the Bretton

Multiple Choice

The IMF's system of adjustable parities,under the auspices of the Bretton Woods agreement,allowed for the devaluation of a country's currency of up to _______________ if the IMF agreed that the country's balance of payments is in fundamental disequilibrium.

A) 10%
B) 15%
C) 20%
D) 25%
E) 30%