Which of the Following Contributed to the Collapse of the Bretton

question 10

Multiple Choice

Which of the following contributed to the collapse of the Bretton Woods system?

• A)Chronic U.S.trade surpluses
• B)Fixed exchange rates
• C)An insufficient gold supply
• D)West Germany allowing the dollar to float against the mark
• E)West Germany not wanting the dollar to appreciate

---

Definitions:

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Fixed Asset Turnover Ratio

A financial metric that measures a company's efficiency in generating sales from its fixed assets, calculated by dividing net sales by the average net fixed assets.

Financial Statements

Records that provide an overview of a company's financial condition in both short and long term, including the balance sheet, income statement, and cash flow statement.

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.