Which of the Following Statements Is NOT True

question 26

Multiple Choice

Which of the following statements is NOT true?

• A) The Gold Standard Era was characterized by growing openness in trade, but limited capital mobility.
• B) The time period between world wars 1 and 2 (the inter war years) witnessed significant reductions in trade barriers and a rapid acceleration in international trade.
• C) The Bretton Woods Era (post WWII) realized the increasing benefits of open economies. Furthermore, trade was increasingly dominated by capital.
• D) Since March 1973, exchange rates have become much more volatile and less predictable than previous periods.

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Definitions:

Employee Self-Service

A system that allows employees to handle many job-related tasks (such as applications for leave, updating personal information, and viewing benefits) that traditionally were performed by management or HR departments.

Self-Directed Work Teams

Groups of employees who are given autonomy to manage their work and make decisions within predefined boundaries, often leading to increased motivation and productivity.

Employee Counselling

The provision of professional psychological support or advice to employees to help them manage personal or job-related challenges.

Employee Assistance

Programs or services offered by employers to support the wellbeing of employees, including counseling, financial planning, and health services.