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The Bretton Woods System Was One in Which Central Banks

Question 51

Multiple Choice

The Bretton Woods system was one in which central banks


A) agreed to limit domestic money growth to the average of the seven largest industrial nations.
B) agreed not to intervene in the foreign exchange market to maintain a fixed exchange rate regime that had existed prior to World War I.
C) agreed to limit domestic money growth to the average of the five largest industrial nations.
D) bought and sold their own currencies to keep their exchange rates fixed.

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