Eco 3701 - Study guides, Class notes & Summaries
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ECO 3701 Practice Questions And Accurate Guaranteed Solutions.
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Why did nixon close the "gold window" ? - correct answer Because the United States did not have enough gold to meet claims from outstanding dollars; Capital began to flow out of US dollar assets into marks and yen; market price of gold rose above US35$ per ounce 
 
What can IMF members do for assistance if they encounter balance of payments difficulties? - correct answer Borrow from the IMF automatica...
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