McqMate
Q. |
From 1944 to 1971, the exchange rate between any two currencies was typically: |
A. | fixed within narrow boundaries. |
B. | floating, but subject to central bank intervention. |
C. | floating, and not subject to central bank intervention. |
D. | nonexistent; that is currencies were not exchanged, but gold was used to pay for all foreign transactions. |
Answer» A. fixed within narrow boundaries. |
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