Examveda

Under the Brettonwoods system

A. there was an explicit set of rules about the conduct of international monetary policies

B. each country was responsible for maintaining its exchange rate within 1% of the adopted per value by buying or selling foreign exchanges as necessary

C. the US dollar was the only currency that was fully convertible to gold

D. All of the above

Answer: Option D


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Related Questions on Business Finance

Match List-I with List-II and select the correct answer:

List-I List-II
a. Modigliani Miller approach 1. Commercial papers
b. Net operating income approach 2. Working capital management
c. Short-term money market instrument 3. Capital structure
d. Factoring 4. Arbitrage

A. a-4, b-3, c-1, d-2

B. a-3, b-4, c-1, d-2

C. a-2, b-3, c-1, d-4

D. a-3, b-2, c-4, d-1