The Bretton Woods System

question 17

Multiple Choice

The Bretton Woods system

• A) allowed for market-determined exchange rates.
• B) ended the use of the gold standard in all participating countries.
• C) led to a dramatic increase in the U.S. balance of payments deficit.
• D) resulted in the rapid increase of the U.S. gold supply in the 1960s.
• E) All of the above.

---

Definitions:

PR Aspect

The component of any activity or strategy aimed at managing the public perception and reputation of an individual or organization.

Two-Way Communication

The process of information exchange where both participants send and receive messages, fostering understanding and engagement.

Crisis Training

Preparing individuals or organizations to effectively manage emergency situations and mitigate their impacts.

Issues Management

involves the process by which organizations identify, assess, and respond to potential issues or crises that could affect their reputation and operations.