Which of the Following Contributed to the Collapse of the Bretton

question 116

Multiple Choice

Which of the following contributed to the collapse of the Bretton Woods system?  

• A) The United States had chronic trade surpluses. 
• B) Exchange rates were fixed. 
• C) The supply of gold was insufficient. 
• D) West Germany allowed the U.S. dollar to float against the mark.

---

Definitions:

Precision Required

A necessity for accuracy and specificity in data, measurements, or outcomes.

Margin of Error

A statistic expressing the amount of random sampling error in a survey's results, indicating the range of accuracy.

Null Hypothesis

A hypothesis in statistical testing that suggests there is no statistical significance between the specified sets of observations, effectively stating that any observed difference is the result of random chance.

Level of Significance

A threshold in hypothesis testing that determines whether an observed effect is statistically significant.