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INTERNATIONAL FINANCIAL DIPLOMACY
INTERNATIONAL MONETARY EXPERIENCE
B The Issues
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action adjustment agreed agreement American amount appropriate arrangements assets authorities balance of payments balance-of-payments Bank basic billion Bretton Woods capital cent Common considered continue controls convertibility countries crisis currency decision deficit devaluation developing developing countries discussion dollar domestic drawing economic effect established European exchange rates external finance fixed flexibility floating flows fluctuation forces foreign France Fund German gold Government Governors holdings important increase indicators interest international monetary international monetary system issues Italy limited liquidity maintain major margins mark means measures meeting ment Minister move movements necessary negotiations objective official operation parity period political position possible present pressure problem proposals question reform relation reserves result situation speculative stability surplus tion tional trade transactions United