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

-The Bretton Woods system required countries to actively buy and sell dollars to maintain fixed exchange rates when:

A) a country experienced a severe bout of inflation.
B) the free market equilibrium exchange rate differed from the fixed rate.
C) a country experienced serious unemployment.
D) the threat of recession began to spread from one country to another.
E) worldwide trade began to deteriorate.