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As a result of the United States suspending gold sales to foreign countries in 1

ID: 1194585 • Letter: A

Question

As a result of the United States suspending gold sales to foreign countries in 1968,

the United States had to make sure it ran an ORT surplus.

countries with balance-of-payments surpluses against the United States had to depreciate their exchange rates.

countries with balance-of-payment surpluses against the United States had to allow their economies to expand.

A and B.

A)

the United States had to make sure it ran an ORT surplus.

B)

countries with balance-of-payments surpluses against the United States had to depreciate their exchange rates.

C)

countries with balance-of-payment surpluses against the United States had to allow their economies to expand.

D)

A and B.

Explanation / Answer

A and B.

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