A Weakness of the Bretton Woods System Was That the ________

question 56

Multiple Choice

A weakness of the Bretton Woods system was that the ________ had no way to force surplus countries to either revalue their exchange rates upwards or pursue more expansionary policies.

• A) IMF
• B) World Bank
• C) European Exchange Rate Mechanism (ERM)
• D) Bank of International Settlements

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Definitions:

APGAR Score

A quick test performed on a newborn at 1 and 5 minutes after birth to assess the baby's heart rate, breathing, muscle tone, reflex response, and color, used to evaluate the newborn's physical condition.

Neonate

A newborn baby, especially one less than four weeks old.

Blue Tint

A coloration that suggests the presence of blue shades, possibly due to lighting, reflection, or the intrinsic color of an object.

Endocrine System

The collection of glands that produce hormones, regulating processes like growth, metabolism, and reproduction.