a market determination of exchange rates for most currencies. The Second Amendment also abolished the official price of gold (the United States dollar was no longer tied to a specified gold price), and the requirement for the mandatory settlement in gold of accounts between member nations was terminated. The deemphasis of gold as a payment and reserve medium was accompanied by an increased
INTERNATIONAL MONETARY FUND
Introduction
This. (1969, December 31). In LotsofEssays.com. Retrieved 16:49, May 11, 2024, from https://www.lotsofessays.com/viewpaper/1705353.html
Lots of Essays. "INTERNATIONAL MONETARY FUND
Introduction
This." LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 11 May. 2024.
Lots of Essays, "INTERNATIONAL MONETARY FUND
Introduction
This.," LotsofEssays.com, https://www.lotsofessays.com/viewpaper/1705353.html (accessed May 11, 2024)