Which of the Following Features Did Bretton Woods Agreement Incorporate

question 10

Multiple Choice

Which of the following features did Bretton Woods Agreement incorporate in the international monetary system based on the U.S.dollar?

• A) floating exchange rates
• B) trade imbalance corrections
• C) an enforcement mechanism
• D) a strict ban on devaluation

---

Definitions:

Supplier Responsibilities

Supplier responsibilities involve obligations that vendors must fulfill, including delivering quality goods on time, adhering to contracts, and maintaining ethical practices.

International Purchasing Offices

Offices located in foreign markets that are responsible for identifying, negotiating, and acquiring goods and services for their parent company.

Global Commodity Management

The strategic process of managing the acquisition of raw materials and goods on a global scale to reduce costs and ensure quality.

Regional Purchasing Offices

Offices located in various geographical regions tasked with buying goods and services for a company, optimizing logistics and reducing costs.