Under the Bretton Woods Agreements

question 104

Multiple Choice

Under the Bretton Woods agreements,

• A)the IMF was created to punish countries that did not maintain fixed exchange rates.
• B)a system of fixed exchange rates based on gold was established.
• C)each country agreed to buy and sell its currency to maintain a fixed exchange rate.
• D)All of the above are correct.

---

Definitions:

Packaged Software

Pre-written, standardized software solutions sold on a mass market basis to meet the general needs of users, as opposed to customized software designed for specific clients.

Web Services

Software systems designed to support interoperable machine-to-machine interaction over a network, often provided as a way for different applications to communicate with each other using web-based protocols.

Functionality

The specific operations or features that a software or hardware is designed to perform or offer.

Peer-To-Peer

A decentralized communications model in which each party has the same capabilities and either party can initiate a communication session.