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The International Monetary Fund Was Established During the Bretton Woods

Question 58

Multiple Choice

The International Monetary Fund was established during the Bretton Woods System to:


A) determine the rate of British pounds per ounce of gold.
B) determine which central banks were eligible to have a fixed exchange rate.
C) provide loans to central banks that did not have reserves to maintain fixed exchange rates.
D) try and move countries to floating exchange rates.

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