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Question
The architects of the Bretton Woods agreement wanted to avoid high unemployment, so they built limited flexibility into the fixed exchange rate system. Which of the following is a major feature of the International Monetary Fund (IMF) Articles of Agreement that fostered this flexibility?
A. Competitive currency devaluations
B. Lending facilities
C. Communist ideologies
D. Floating exchange rates
E. Unrestricted authority to print currency
Answer
This answer is hidden. It contains 249 characters.
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