Which of the following statement concerning the exchange rate regime is NOT true?

a. The gold standard is favored by some in conservative quarters because of its implication for small government

b. The fixed exchange rate system will not be successful without effective international coordination of national monetary policies

c. None of the above is true

d. As of January 2015, there are 18 countries in the Eurozone, including such major countries as Germany, France and the UK.

e. The Bretton Woods Agreement has a built-in seed of destruction because it is based on a national fit money

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