The Figure Below Shows the Demand (D) and Supply (S)

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-In effect, during the period immediately following World War II, the world was on a(n) :

A) gold standard.
B) flexible-exchange-rate standard.
C) U.S. dollar standard.
D) exchange-rate standard dictated by Germany
E) pegged-exchange rate standard.