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COGNITIVE ASSESSMENT Which of the following technologies is the new tollbooth on the local highway most likely to use?
Bretton Woods System
A monetary management system that established the rules for commercial and financial relations among the world's major industrial states in the mid-20th century.
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold.
Managed Float
A currency exchange rate policy where a currency's value is allowed to fluctuate in response to foreign exchange market mechanisms, but the central bank may intervene to stabilize the currency if necessary.
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