A Weakness of the Bretton Woods System Was That the ________

question 56

Multiple Choice

A weakness of the Bretton Woods system was that the ________ had no way to force surplus countries to either revalue their exchange rates upwards or pursue more expansionary policies.

• A) IMF
• B) World Bank
• C) European Exchange Rate Mechanism (ERM)
• D) Bank of International Settlements

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Definitions:

Current Draw

The amount of electrical current a device consumes while it is operating.

Headlamp Resistance

The electrical resistance offered by a headlamp's filament, which determines the amount of current flowing through it and thus its brightness.

Amps

A unit of electrical current, shorthand for amperes, representing the flow of electric charge through a conductor.

SAE Relay

An electromechanical switch that meets the standards set by the Society of Automotive Engineers, used for controlling high power circuits with a low power signal.