Under the Bretton Woods System,a Country Running a Balance of Payments

question 65

Multiple Choice

Under the Bretton Woods system,a country running a balance of payments ________ lost international reserves,and had to implement ________ monetary policy to strengthen its currency.

• A) surplus; expansionary
• B) surplus; contractionary
• C) deficit; expansionary
• D) deficit; contractionary

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Definitions:

Ecological Footprint

A measure of human demand on Earth's ecosystems, quantifying the amount of natural resources consumed and waste produced.

Ecological Capacity

The capacity of an ecosystem to support biological organisms, including the natural resources and processes that maintain life and biodiversity.

Adequate Sanitation

Access to facilities and services for the safe disposal of human urine and feces, which is crucial for public health and hygiene.

Clean Drinking Water

Water that is safe for human consumption, free from contaminants and harmful substances.