The Bretton Woods system ended when
A) President Nixon announced that the dollar was no longer convertible to gold.
B) speculators forced the UK treasury to devalue the pound.
C) speculators put pressure on the dollar because it was believed to be overvalued.
D) the French could not afford their loan repayment to the IMF.
Answer: A
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Answer the following statement true (T) or false (F)