Since the Abandonment of the Bretton Woods System,balance of Payments

question 63

Multiple Choice

Since the abandonment of the Bretton Woods system,balance of payments considerations have become ________ important,and exchange rate considerations ________ important in the conduct of monetary policy.

• A)more;less
• B)more;more
• C)less;less
• D)less;more

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Definitions:

American Corporations

Organizations incorporated under the laws of the United States, engaging in commercial, industrial, or professional activities.

State Legislatures

The legislative bodies within each of the states in the United States, responsible for creating state laws and policies.

Corporate Veil

A legal concept that separates the actions and liabilities of a corporation from those of its shareholders, protecting them from personal liability.

Creditors

Individuals or entities to whom money is owed by another individual or entity known as the debtor.