Which of the Following Contributed to the Collapse of the Bretton

question 170

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

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Definitions:

Dispersed Collective Behaviours

Group behaviors that are spread out across vast distances, often mediated through technology, lacking a centralized physical location.

Collective Behaviours

Actions and norms that are developed by a group and differ from the usual social conventions, often arising in response to an event, situation, or collective mood.

Evolutionary Theory

Evolutionary Theory is a scientific theory that explains the diversity of life on Earth, positing that species change over time through processes such as natural selection and genetic mutation.

Genetic Evolution

The process by which the inherited features of an organism change over generations through mechanisms such as mutation, natural selection, and genetic drift, leading to biodiversity.