Most Economists Trace the Break-Up of the Fixed Exchange Rate

question 76

Multiple Choice

Most economists trace the break-up of the fixed exchange rate system to ____________.

• A) the U.S. macroeconomic policy package of 1965-1968
• B) a worldwide recession
• C) Japanese economic policy in the mid 1970s
• D) European economic policy in the 1960s and 1970s
• E) Japanese and German trade surpluses with the U.S.