The Bretton Woods System

question 134

Multiple Choice

The Bretton Woods system:

• A)pegged exchange rates in terms of U.S.dollars.
• B)pegged exchange rates in terms of all major currencies in the world.
• C)pegged exchange rates in terms of pounds.
• D)established a system of flexible exchange rates.
• E)established the European monetary system.

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Definitions:

Word Level

Pertains to the handling or processing of data in units of words, typically a set number of bits processed together, such as 16 or 32 bits.

Value

A specific piece of data, often numerical, representing the magnitude, quantity, or importance of a variable or parameter in a process or calculation.

Source

The origin from which something comes, such as electricity in an electrical circuit, or data in an information system.

Destination

The term Destination in the context of automation and control systems refers to the target location or variable where data or control signals are directed.