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Under the Smithsonian Agreement, U.S. dollar was: Group of answer choices devalued relative to major currencies exchange rates were allowed to fluctuate by 1% in

Under the Smithsonian Agreement, U.S. dollar was: Group of answer choices devalued relative to major currencies exchange rates were allowed to fluctuate by 1% in either direction from the set rates pegged against gold as a standard forced to be freely floating relative to all currencies without any boundaries. the currency to be used by all countries as a medium of exchange for international trade

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