Most Economists Trace the Break-Up of the Fixed Exchange Rate

Multiple Choice

Most economists trace the break-up of the fixed exchange rate system to ____________.

A) the U.S. macroeconomic policy package of 1965-1968
B) a worldwide recession
C) Japanese economic policy in the mid 1970s
D) European economic policy in the 1960s and 1970s
E) Japanese and German trade surpluses with the U.S.