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The fixed exchange rate system was used until 1971. Question 3 options: True False
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4 votes
The fixed exchange rate system was used until 1971.

Question 3 options:
True
False

User Dmitriy Selivanov
by
4.7k points

2 Answers

4 votes

Answer:

True

Step-by-step explanation:

It started in the 1970's...I just took the test

User Bousson
by
5.1k points
7 votes

Answer:

False

Step-by-step explanation:

The fixed exchange rate was not in use before 1973. What actually happened in 1971 is that the president of the USA decided to stop the money convertibility to gold.

User Skeggse
by
4.8k points
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