Which of the Following Is True About the Bretton Woods

question 20

Multiple Choice

Which of the following is true about the Bretton Woods system?

• A) It was an economic plan developed in response to the economic crisis caused by World War I.
• B) It established the World Trade Organization as the keystone of the global free trade regime.
• C) It laid the basis for the original roles of the International Monetary Fund and World Bank.
• D) It devised an international monetary financial plan to help decrease world debt.
• E) It was a package of economic stimulus reforms, devised by Sir Bretton Woods, that enabled the defeated nations of the World War II to progress economically.

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Definitions:

Bodies

Refers to the physical structure of a person or organism; can also refer to a significant or collective group, such as a body of work.

List of Virtues

A catalog or enumeration of virtues, which are qualities considered morally good or desirable in a person.

Ideal Person

A concept or model of perfection in terms of virtues, traits, or characteristics that is regarded as exemplary.

Determinist

A person who holds that everything that happens is completely determined (or caused) by prior conditions and influences.