Under the Bretton Woods Exchange Rate System,set Up in 1944,which

question 120

Multiple Choice

Under the Bretton Woods exchange rate system,set up in 1944,which of the following was true?

• A)Americans could sell their dollars to the American government in exchange for gold.
• B)Americans could sell their dollars to the American government in exchange for silver.
• C)Americans could sell their dollars to foreign central banks in exchange for gold.
• D)Foreign central banks could sell their dollars to the American government in exchange for gold.

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