The US Dollar Served as the __________ Under the Bretton Woods

question 63

Multiple Choice

The U.S. dollar served as the __________ under the Bretton Woods accord.

• A)official reserve account
• B)fixed exchange rate system
• C)official reserve currency
• D)Both b and c

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Definitions:

Emotional Standstill

A state or condition where an individual experiences a lack of emotional growth, change, or progress.

Denial

Denial is a psychological defense mechanism wherein an individual refuses to accept reality or facts, thus avoiding dealing with uncomfortable emotions.

Anger

A potent sensation of irritation, dissatisfaction, or antagonism.

Logical Incrementalism

A strategic management process of making decisions step-by-step based on logical analysis and practical considerations.