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Under the Bretton Woods System,a Country Running a Balance of Payments

question 65

Multiple Choice

Under the Bretton Woods system,a country running a balance of payments ________ lost international reserves,and had to implement ________ monetary policy to strengthen its currency.


Definitions:

Reabsorb

The process by which substances are taken back into the body or tissue after having been secreted or excreted.

Urea

A waste product formed in the liver from the breakdown of proteins and excreted in urine.

Creatinine

A waste product produced by muscles from the breakdown of a compound called creatine, commonly measured to assess kidney function.

Excessive Urination

The condition of urinating more frequently than usual, medically known as polyuria.

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