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 21 options:
a)
each country established a par value for its currency in relation to the dollar.
b)
the U.S. dollar was pegged to gold at $35 per ounce.
c)
each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary.
d)
all of the options

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