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Directions (Q. 86–90): Rearrange the following five sentences A, B, C, D and E in the proper sequence to form a meaningful paragraph and then answer the given questions.
A. In addition, many countries resorted to competitive devaluations in order to promote domestic exports.
B. They also suspended the redemption of currencies with gold; thereby, ending the classical gold standard as a method of international trade.
C. Now, as currencies were not pegged with gold anymore, the exchange rates between currencies started fluctuating.
D. During this period, major countries imposed restrictions on gold exports.
E. The classical gold standard fell apart during the interwar period of 1915–1944.
A. In addition, many countries resorted to competitive devaluations in order to promote domestic exports.
B. They also suspended the redemption of currencies with gold; thereby, ending the classical gold standard as a method of international trade.
C. Now, as currencies were not pegged with gold anymore, the exchange rates between currencies started fluctuating.
D. During this period, major countries imposed restrictions on gold exports.
E. The classical gold standard fell apart during the interwar period of 1915–1944.
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