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    International Financial Management Study Set 5
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    Exam 1: International Monetary System
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    Under the Bretton Woods System Each Country Established a Par
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Under the Bretton Woods System Each Country Established a Par

Question 18

Question 18

Multiple Choice

Under the Bretton Woods system each country established a par value for its currency in relation to the dollar.And the U.S.dollar was pegged to gold at


A) $1 per ounce.
B) $35 per ounce.
C) $350 per ounce.
D) $900 per ounce.

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