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Viefleur [7K]
3 years ago
15

99 POINT QUESTION, PLUS BRAINLIEST!!!

History
2 answers:
Tresset [83]3 years ago
7 0
<em>I would say the answers you are looking for are: </em>
<em><u>1.) C. </u></em>
<em><u>2.) D.? </u></em>
<em><u>3.) A. </u></em>
<em>Hope that helps!! </em>
<em>Have a wonderful day. </em>
<em>I tried the best I can do. </em>
<em>Good luck. </em>
gregori [183]3 years ago
5 0
Number 1: The best answer for number 1 would be C.

Number 2: The best answer for number 2 would be B.

Number 3: The best answer for number 3 would be A

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The correct answer is A. The Bretton Woods system ended in 1971.

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The Bretton Woods system was a fixed exchange rate system in which the exchange rate for countries' currencies against the US dollar was fixed. From 1945 to 1971, it regulated exchange rates for member countries of the International Monetary Fund (IMF).

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The system was aborted in 1971, when the United States decided to no longer guarantee the dollar value with a fixed redemption price in gold, called the "Nixon shock". By then, the United States had already let the dollar exchange rate float in 1968. The reasons were, among other things, in the extremely costly Vietnam War for the United States. The result was that other currencies with previously fixed exchange rates also floated. The Bretton Woods system formally ceased in 1973, after vain attempts to stabilize key currencies.

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