Under the Bretton Woods Agreement

question 63

Multiple Choice

Under the Bretton Woods agreement,

• A) each currency's value moved freely relative to other currencies.
• B) government intervention to maintain the exchange rate tended to disrupt the domestic economy.
• C) it was not possible to change the exchange rate, once it was fixed.
• D) the exchange rate system functioned essentially as a free-floating exchange rate system.

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Definitions:

Sighs

Deep and long breaths that often express relief, tiredness, or similar emotions, and serve physiological functions such as lung inflation.

Shoulders

The upper part of the human body between the neck and the upper arm, containing the shoulder joint and associated muscles.

Eliciting Emotion

Eliciting emotion refers to the process of inducing or provoking specific emotional responses in individuals through various stimuli or situations.

Thalamus

A vital brain structure that acts as a relay station, processing and transmitting sensory information to the cerebral cortex.