The Figure Below Shows the Demand (D) and Supply (S)

question 101

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-In effect, during the period immediately following World War II, the world was on a(n) :

• A)gold standard.
• B)flexible-exchange-rate standard.
• C)U.S. dollar standard.
• D)exchange-rate standard dictated by Germany
• E)pegged-exchange rate standard.

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