This Dollar-Based Fixed Exchange Rate System Gave Rise to a Long

question 52

Multiple Choice

This dollar-based fixed exchange rate system gave rise to a long period of economic recovery and growing openness of both international trade and capital flows in and out of more and more countries.

• A) The Gold Standard, 1860-1914
• B) The Interwar Years , 1914-1945
• C) The Bretton Woods Era, 1945-1971
• D) The Floating Era, 1971-1997

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Definitions:

Individualism

A social and political philosophy that emphasizes the moral worth of the individual and the importance of personal independence and freedom.

Collectivism

A cultural value or social outlook that emphasizes the good of the community, group, or society over the individual.

Id

In psychoanalytic theory, the part of the psyche that is the source of instinctual impulses and demands for immediate satisfaction of primal needs.

Feels Good

A subjective description of an experience that is pleasurable or positive in sensation.