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Which of the following contributed to the abandonment of the Bretton Woods Exchange Rate System? Political and economic instability between World War I and World War lI. Expansionary fiscal policy in the United States during the 1960s. Contractionary fiscal policy in the United States during the 1960s. Excessive lending preceding the financial crisis of 2008-2009.
QUESTION 8 Which one of the following is a benefit of establishing a fixed exchange rate policy? Monetary policy flexiblity. Price stability during expansionary fiscal policy Interest rate stability during expansionary fiscal policy Increased control over international flows of goods and services.
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