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Under the Bretton Woods Agreement

Question 191

Multiple Choice

Under the Bretton Woods agreement,


A) nations could not adjust their exchange rates relative to the dollar for any reason
B) currency values were based on a market basket of European currencies plus the dollar
C) the world monetary system operated exactly like the gold standard of pre-World War II years
D) the dollar was selected as the key reserve currency
E) gold played no role

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