Which of the following contributed to the collapse of the Bretton Woods system?
a. chronic U.S. trade surpluses
b. fixed exchange rates
c. an insufficient gold supply
d. West Germany's allowing the dollar to float against the mark
e. West Germany's not wanting the dollar to appreciate
D
Economics
You might also like to view...
What is the value of marginal product of labor?
What will be an ideal response?
Economics
Bank holding companies that rival money center banks in size, but are not located in money center cities are
A) superregional banks. B) bank clearing houses. C) international banks. D) local banks.
Economics