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Reptor Reptor
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6 years ago
The fixed exchange rates of the Bretton Woods system were maintained
A) by central bank interventions in the foreign-exchange market.
B) by the requirement that short-term interest rates be equalized in all participating countries.
C) by the requirement that long-term interest rates be equalized in all participating countries.
D) through the automatic workings of the foreign-exchange market.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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6 years ago
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