Use the Following to Answer Questions

question 47

Multiple Choice

Use the following to answer questions .
Exhibit: A Fixed Exchange Rate
-(Exhibit: A Fixed Exchange Rate) Suppose the exchange rate between the dollar and the British pound is fixed at £0.3 per dollar. Now suppose U.S. residents choose to purchase more British goods and services. Under the terms of the Bretton Woods Agreement, what must happen to bring the exchange rate back to £0.3 per dollar?

• A) Either the Fed or the Bank of England (Britain's central bank) will be required to increase the demand for dollars by purchasing dollars.
• B) Either the Fed or the Bank of England (Britain's central bank) will be required to decrease the supply of dollars by purchasing dollars.
• C) Either the Fed or the Bank of England (Britain's central bank) will be required to decrease the demand for dollars by purchasing British pounds.
• D) Either the Fed or the Bank of England (Britain's central bank) will be required to increase the supply of dollars by purchasing British pounds.

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Definitions:

Strategic Training

Training initiatives aligned with an organization's long-term goals, aiming to improve overall business performance and competitive advantage.

ISD Model

The Instructional System Design model, a systematic approach to designing effective educational programs and training sessions based on learner needs.

Needs Analysis

The process of identifying and evaluating the needs of a group or organization to achieve its goals and objectives.

Delivery

The method or process by which educational content is given to learners, encompassing a range of modalities such as in-person, online, or hybrid formats.