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Author Question: ________ has been the primary system for determining exchange rates since 1971. (Read 23 times)

charchew

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on: Apr 19, 2019

Question 1

Under the Bretton Woods system, countries experiencing current account surpluses


◦ were obliged to stimulate their economies.
◦ were obliged to revalue their currencies.
◦ could maintain their fixed exchange rate by selling excess foreign exchange.
◦ could maintain their fixed exchange rate by buying excess foreign exchange.

Question 2

________ has been the primary system for determining exchange rates since 1971.


◦ The gold standard
◦ The Bretton Woods system
◦ A freely floating system
◦ A managed floating system
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by charchew on Apr 19, 2019

adf223

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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charchew

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Reply #2 on: Apr 19, 2019
Thank you!


adf223

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Reply #3 on: Apr 19, 2019
Always glad to help...


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