A Review of the Evolution of the Global Monetary System

question 36

Multiple Choice

A review of the evolution of the Global Monetary System shows that capital flows dominate trade in which of the following eras EXCEPT:

• A) Classical Gold Standard.
• B) Fixed Exchange Rates, 1945-1973.
• C) The Floating Era, 1973-1997.
• D) The Emerging Era, 1997-Present.

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Definitions:

Secondary Objective

Goals or aims that support the primary objectives of an organization or project but are not the main focus.

Primary Objective

The main goal or purpose that an organization or individual aims to achieve.

Improvement of Performance

The process of enhancing the effectiveness, efficiency, and productivity of employees or processes within an organization.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.