Unformatted text preview: A. in the January 1976 Jamaica Agreement. B. in the 1971 Smithsonian Agreement. C. in the 1944 Bretton Woods Agreement. D. none of the above Topic: Evolution of the International Monetary System Topic: The Flexible Exchange Rate System 54. Following the demise of the Bretton Woods system, the IMF A. created a new role for itself, providing loans to countries facing balance-of-payments and exchange rate difficulties. B. ceased to exist, since the era of fixed exchange rates had ended. C. became the sole agent responsible for maintaining fixed exchange rates. D. became the central bank of the United Nations. Topic: Evolution of the International Monetary System Topic: The Flexible Exchange Rate System...
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- Spring '11
- Foreign exchange market, International Monetary Fund, Jamaica agreement, International Monetary System, flexible exchange rate