Gold sales to foreign countries

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Reference no: EM13976898

As a result of the United States suspending gold sales to foreign countries in 1968,

A) the United States had to make sure it ran an ORT surplus.

B) countries with balance-of-payments surpluses against the United States had to depreciate their exchange rates.

C) countries with balance-of-payment surpluses against the United States had to allow their economies to expand.

D) A and B.

Reference no: EM13976898

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