An Era of Retrenchment, in Which Major Economic Powers Returned

question 66

Multiple Choice

An era of retrenchment, in which major economic powers returned to policies of isolationism and protectionism, restricting trade and nearly eliminating capital mobility.

• 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:

Purpose

The reason for which something is done or created, or for which something exists.

Analytical Report

A document that presents detailed analysis and evaluation of a particular issue or problem, often proposing solutions or recommendations.

Indirect Strategy

An approach to communication in which the main idea or message is presented after the background or supporting information, commonly used to prepare the reader or listener for unwelcome news.

Conclusions/Recommendations

Conclusions/recommendations are the final parts of a report or document summarizing the findings and suggesting actions based on the analysis presented.