The Bretton Woods Agreements

question 59

Multiple Choice

The Bretton Woods agreements

• A)established a system of fixed exchange rates based on the free convertibility of the U.S.dollar into gold.
• B)established a system of fixed exchange rates based on the gold standard.
• C)permitted countries with a balance of payments deficit to make regular devaluations of their currencies.
• D)established GATT to police and manage exchange rates.

---

Definitions:

Alzheimer Disease

A progressive neurodegenerative disease characterized by memory loss, cognitive decline, and eventual loss of independent function, associated with plaque accumulation and tangles in the brain.

Memory Loss

The inability to remember information or experiences, which can be temporary or permanent.

Synapses

Tiny spaces between neurons; the gaps between neurons are referred to as synaptic gaps.

Neurons

Basic working units of the nervous system, cells specialized in carrying messages through an electrochemical process.