General Studies · International Monetary System
The international monetary system evolved through several stages: I. Bimetallism, II. Bretton Woods System, III. Classical Gold Standard, IV. Flexible Exchange Rate Regime, V. Interwar Period. What is the correct chronological order of these stages?
- 1V, II, I, III, IV
- 2IV, I, III, II, V
- 3I, III, V, II, IV✓
- 4III, I, IV, II, V
Correct answer
I, III, V, II, IV
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