Under the Bretton Woods System, Countries Experiencing Current Account Surpluses

question 298

Multiple Choice

Under the Bretton Woods system, countries experiencing current account surpluses

• A) were obliged to stimulate their economies.
• B) were obliged to revalue their currencies.
• C) could maintain their fixed exchange rate by selling excess foreign exchange.
• D) could maintain their fixed exchange rate by buying excess foreign exchange.

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Definitions:

Psychiatrists

Medical doctors who specialize in diagnosing, treating, and preventing mental, emotional, and behavioral disorders.

Psychoanalysts

Practitioners of psychoanalysis, a therapeutic approach founded by Freud, focusing on the unconscious mind and its influence on behavior.

Psychotherapy

A therapeutic treatment approach involving psychological methods, particularly when based on regular personal interaction, to help a person change behavior and overcome problems in desired ways.

Insight Therapy

A psychological treatment that aims to improve mental health by encouraging self-understanding and insight into one's problems.