Multiple Choice
Under the 'Bretton Woods System',
A) the United States pledged to buy gold at $35 an ounce.
B) the central banks of the members of the system agreed to allow their currencies to float.
C) the members of the system agreed to redeem their paper currency domestically.
D) exchange rates were floating, determined in the market.
Correct Answer:
Verified
Correct Answer:
Verified
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