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3 June, 04:42

Which statement identifies the impact of Richard Nixon's economic policies on the world?

Nixon's decision to discontinue the use of the gold standard promoted international investment in the International Monetary Fund.

Nixon's change in currency exchange between nations led trading partners to make monetary reforms.

Nixon's decision to convert to a fiat currency led trading partners to invest in the Federal Reserve Bank.

Nixon's economic policies led the Soviet Union to overspend, leading to an end of the Cold War.

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  1. 3 June, 05:15
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    The answer is Nixon’s decision to discontinue the use of the gold standard promoted international investment in the International Monetary Fund.
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