What Resulted from the Smithsonian Conference

question 101

Multiple Choice

What resulted from the Smithsonian Conference?

• A) the euro was identified as the benchmark currency
• B) currencies were allowed to fluctuate freely
• C) the U.S. dollar was devalued
• D) the SDR was created

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Definitions:

Global Economic Crisis

A period of worldwide financial instability, which can lead to a downturn in the global economy affecting multiple countries and economies.

Adolf Hitler

The leader of the National Socialist German Workers' Party (Nazi Party), whose fascist policies led to World War II and the genocide of millions, known as the Holocaust.

Franklin Delano Roosevelt

The 32nd President of the United States, who served four terms and led the country through the Great Depression and World War II.

Italian Invasion

A reference to various military campaigns by Italy, often highlighted by its involvement in World War II as part of the Axis powers, invading countries like Ethiopia, Albania, and Greece.