Under the Bretton Woods System of Fixed Exchange Rates

question 24

Multiple Choice

Under the Bretton Woods system of fixed exchange rates,

• A)devaluations were frequent and small.
• B)devaluations were usually unforeseen.
• C)the IMF ensured that exchange rates were never changed.
• D)speculators could profit from an attack on a weak currency.

Identify strategies for handling customer complaints constructively.

Learn the structure of routine replies or positive messages requiring follow-up action.

Articulate goals when answering routine requests, especially with potential sales.

Describe how to incorporate resale information in positive messages.