The Bretton Woods System Sought to Reduce Barriers and Taxes

question 7

Multiple Choice

The Bretton Woods System sought to reduce barriers and taxes on goods exchanged between countries with the:

• A)General Agreement on Tariffs and Trade.
• B)International Monetary Fund.
• C)International Bank for Reconstruction and Development.
• D)Council for Mutual Economic Assistance.
• E)Marshall Plan.

---

Definitions:

Need-Satisfaction

A sales approach that focuses on identifying and meeting the needs or problems of the customer as a key to closing the sale.

Problem-Solution

A method or structure that identifies a problem and then proposes one or more solutions to address it.

Straight Rebuy

A routine purchase of the same goods or services without seeking new suppliers or altering specifications.