The Bretton Woods System Confronted Severe Problems in the 1960s,problems

question 38

Multiple Choice

The Bretton Woods system confronted severe problems in the 1960s,problems which included

• A)some countries with overvalued currencies refused to devalue their currencies.
• B)dollars held by foreign central banks exceeded gold reserves held by the United States.
• C)the increased demand for gold brought about by lifting the prohibition against U.S.citizens owning gold.
• D)all of the above

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Definitions:

Conservative White Owners

Generally refers to white land and business owners who traditionally hold conservative political and social views, often prioritizing property rights and economic status quo.

New York Jazz Style

A distinctive style of jazz that emerged in New York City, characterized by bebop influences and complex improvisations.

Small Band Stride

A style of jazz piano playing characterized by a left-hand technique that creates a rhythmic stride pattern, often performed by small bands or solo pianists.

Batouala

A novel by René Maran, notable for its critical portrayal of colonialism in Africa; it was awarded the Prix Goncourt in 1921.