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Which of the following is true of a fixed exchange rate system? a. It can lead to wildly fluctuating prices. b. It was primarily based
Which of the following is true of a fixed exchange rate system?
a. It can lead to wildly fluctuating prices.
b. It was primarily based on silver until the 1970s
c. The United States uses a fixed exchange rate system
d. It keeps the price of goods stable on the International market
e. It allows for the natural market equilibrium to dictate exchange rates
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