Under the Bretton Woods system, the U.S. dollar was pegged to gold at $38 per ounce and other currencies were pegged to the U.S. dolla
举一反三
- Under Bretton Woods system, the U.S. dollar was its central currency. The value of every other currency was allowed to devaluate as long as it was pegged to the U.S. dollar.
- If the U.S. dollar is pegged to gold, then A: the Federal Reserve must adjust the supply of U.S. dollars when the price of gold changes. B: the government must buy and sell gold reserves when the price of the dollar changes. C: the U.S. dollar will not change in value since the price of gold is constant. D: the U.S. dollar would become more valuable than the Euro.
- Within the Bretton Woods system, the United States promised to exchange the dollars for gold at a fixed rate of ( ) dollars per ounce.
- 中国大学MOOC: On July 21st, 2005, the Chinese government changed the value of the yuan from 8.28 yuan per U.S. dollar to 8.11 yuan per U.S. dollar. This implies a __________ dollar and a __________ yuan.
- On July 21st, 2005, the Chinese government changed the value of the yuan from 8.28 yuan per U.S. dollar to 8.11 yuan per U.S. dollar. This implies a __________ dollar and a __________ yuan. A: Weaker; weaker B: Weaker; stronger C: Stronger; stronger D: Stronger; weaker