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Introduction of the special drawing rights

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Reference no: EM131963389

1. Describe the historical context that contributed to the introduction of the Special Drawing Rights in the International Monetary Fund in 1969.

2. Describe the impact of the Franco-Prussian War (1870-71) in creating the gold standard.

3. Explain the "(adjustable) fixed exchange rate" system under the Bretton Woods system.

Reference no: EM131963389

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