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question #5 multiple choice how long did the fixed exchange rate implem…

Question

question #5
multiple choice
how long did the fixed exchange rate implemented by the international monetary fund (imf) last?
it lasted for almost ten years.
it lasted for just under one year.
it lasted for almost twenty years.
it lasted for almost three decades.

Explanation:

Brief Explanations

The Bretton - Woods system of fixed exchange rates established by the IMF lasted from 1944 to the early 1970s, almost three decades.

Answer:

It lasted for almost three decades.