What Type of Exchange Rate System Did the International Financial

question 47

Multiple Choice

What type of exchange rate system did the international financial system operate on prior to World War II?  

• A) on a floating exchange rate system 
• B) on a managed exchange rate system 
• C) on a laissez-faire exchange rate system 
• D) on the gold standard

---

Definitions:

Hospitalization

The process or period of treating a patient in a hospital.

Borderline Personality Disorder

An emotional health issue distinguished by inconsistent temperaments, conduct, and associations with others.

Object Relations Theory

A psychoanalytic theory focusing on relationships and the impact of early childhood experiences on interpersonal relationships throughout life.

Self-esteem

The confidence and value that a person places on themselves, impacting their feelings and behaviors.