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Question
Which of the following statements is true about the changes in the world monetary system since March 1973?A.The value of the U.S. dollar has never seen a fall ever since.
B.Exchange rates have become much more volatile.
C.Exchange rates have become more predictable.
D.The fixed rate system was adopted to calculate exchange rates.
E.The European Monetary System as an institution has gained more prominence.
Answer
This answer is hidden. It contains 187 characters.
Related questions
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Which of the following was responsible for the World Bank shifting its focus from Europe to third-world nations?
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The architects of the Bretton Woods agreement built limited flexibility into the fixed exchange rate system in order to:
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