Which of the Following Is the Most Likely Underlying Reason

question 68

Multiple Choice

Which of the following is the most likely underlying reason for the demise of the Bretton Woods system?

• A) U.S. trade deficits
• B) creation of the EU
• C) gold depreciation
• D) WTO restrictions

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Definitions:

Populist Movement

A political approach aiming to represent the interests of ordinary people, often against the elite or established institutions.

Progressive Movement

A broad social and political movement in the late 19th and early 20th centuries aimed at addressing issues stemming from industrialization, urbanization, and corruption.

Progressive-Era Immigrant

Refers to immigrants who moved to the United States during the Progressive Era, roughly from the 1890s to the 1920s, a period of significant social and political reform.

Emigrate

To leave one's country of origin to live permanently in another country.