Which of the Following Innovations Was Not Introduced by the Bretton

question 23

Multiple Choice

Which of the following innovations was not introduced by the Bretton Woods system?

• A) Greater exchange-rate flexibility
• B) Capital controls
• C) A stabilization fund
• D) The IMF
• E) The World Bank

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Definitions:

Mastery

A high degree of skill or expertise in a particular field or activity.

Crowdfunding

Asking for small donations from a large number of people, often using the Internet; a style of generating capital to start a business through social media.

Collaborating

The act of working together with one or more people to achieve a common goal, often involving sharing knowledge, learning, and building consensus.