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A. Exchange rates were volatile. B. A country on the gold standard fixed the value of its currency in terms of gold. C. There was

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A. Exchange rates were volatile. B. A country on the gold standard fixed the value of its currency in terms of gold. C. There was a free flow of gold among the participating countries. D. Exchange rate fluctuations were to be limited to a narrow band around the official rate. E. (B) and (C) of the above

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