The Problems That Developed with the Bretton Woods System Included

question 2

Multiple Choice

The problems that developed with the Bretton Woods System included

• A)the system was too rigid, and the dollar should have been devalued against the other currencies in the system when the United States began suffering from inflation .
• B)the system was too flexible and the dollar should have been devalued against the other currencies in the system when the United States began suffering from inflation .
• C)other countries wanted to absorb the additional dollars that were being created in the United States due to inflation, but the United States did not want to create more dollars .
• D)other countries tried to sell too much gold to the United States, and the demand for US currency went so high that the United States could not keep up even though the dollar was being inflated .

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Definitions:

Networks

Systems of interconnected people or things that exchange information, resources, or services.

Neural Messages

Electrical and chemical signals transmitted by neurons to communicate information throughout the nervous system.

Auditory Nerve

Bundle of axons from the hair cells in the inner ear.

Vibrations

Oscillations or rapid motions back and forth or up and down, often perceived as sound or felt as tremors.