Which of the Following Statements Is False

question 110

Multiple Choice

Which of the following statements is false?

• A)The Bretton Wood System of fixed exchange rates was maintained until 1975.
• B)Under the Bretton Wood System, one ounce of gold was set equal to $35.
• C)Under the Bretton Wood System, each participating country had it currency pegged to either gold or the U.S.dollar.
• D)All of the above statements are correct.

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Definitions:

Environmental Considerations

Assessment of the environmental impacts associated with products or activities and the implementation of measures to reduce negative effects.

Supply Partnership

A long-term relationship between a buyer and a supplier characterized by mutual cooperation, shared risks, and investments to achieve joint value creation.

Mutually Beneficial Objectives

Objectives or goals set in a collaborative context that provide positive outcomes or advantages to all involved parties.

Ultimate Consumer

The end user of a product or service, who purchases it for personal use and not for resale or further processing.