8. What did the “Bretton Woods” associated with?
(a) A post-war international system to preserve economic stability
(b) A United Nations Monetary and Financial Conference
(c) A peace settlement (d) Both a and b
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Answer:
option B is right
Explanation:
The Bretton Woods Agreement
Purchasing currency would lower the supply of the currency and raise its price. If a currency's price became too high, the central bank would print more. This printing production would increase the supply and lower the currency's price.
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