Question: Under the Bretton Woods system Question 2 1 options: a ) each country established a par value for its currency in relation to the dollar.
Under the Bretton Woods system
Question options:
a
each country established a par value for its currency in relation to the dollar.
b
the US dollar was pegged to gold at $ per ounce.
c
each country was responsible for maintaining its exchange rate within percent of the adopted par value by buying or selling foreign exchanges as necessary.
d
all of the options
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