Under the Bretton Woods system, a. all countries fixed their exchange
Under the Bretton Woods system,
a. all countries fixed their exchange rate to the price of gold.
b. all countries fixed their exchange rate in terms of a quantity of gold.
c. all countries fixed their exchange rate to the dollar and the dollar floated.
d. the U.S. fixed the dollar to gold and all other countries fixed their exchange rate to the dollar.
e. none of the above.
ANSWER
C
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