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Author Question: Under the Bretton Woods system, countries experiencing large and persistent current account deficits ... (Read 115 times)

notis

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Question 1

The International Monetary Fund (IMF) was created as a part of the


◦ gold standard.
◦ Bretton Woods agreement.
◦ free-float arrangement.
◦ managed floating system.

Question 2

Under the Bretton Woods system, countries experiencing large and persistent current account deficits were obliged to


◦ devalue their currencies.
◦ revalue their currencies.
◦ expand their economies.
◦ lower their prices.


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Marked as best answer by notis on Apr 19, 2019

Kimmy

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