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Business, 01.04.2021 23:40 grace9874

Assume we are operating under the Bretton Woods system. The Australian dollar is pegged at US$2.50. What would happen if the Australian dollar appreciated to US$3.50? Group of answer choices The Australian government would buy gold and foreign currency on the foreign exchange market The Australian government would sell gold and foreign currency on the foreign exchange market The U. S. government would buy gold and foreign currency on the foreign exchange market The U. S. government would sell gold and foreign currency on the foreign exchange market

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Assume we are operating under the Bretton Woods system. The Australian dollar is pegged at US$2.50....
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