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:

Insider Trading

The unlawful act of buying and selling stocks for personal gain using privileged information that is not publicly available.

Dividend

A distribution of corporate profits to the corporation’s shareholders in proportion to the number of shares held.

Securities Act

A 1933 United States law that regulates the sale of securities to the public, requiring transparency to help prevent fraud.

Market Capitalization

The total market value of a company's outstanding shares of stock, calculated by multiplying the stock's price by the total number of shares.