In What Way Did the Bretton Woods System Differ from the Globalization

question 82

Multiple Choice

In what way did the Bretton Woods System differ from the globalization of the Pax Britannica?

• A)It did not feature multilateral institutions,but instead relied only on bilateral deals.
• B)It was combined with domestic welfare programs that cushioned the impact of global competition.
• C)It dealt exclusively with trade rules and did not address the treatment of investment flows.
• D)It was designed to incorporate the interests of developing countries.

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Definitions:

Stock Returns

The gain or loss made from trading a stock, usually measured as the change in capital plus dividends in a given period.

EMH

The Efficient Market Hypothesis, a theory stating that stock prices fully reflect all available information, making it impossible to consistently achieve higher returns.

Passive Investment

An investment strategy focused on long-term gains with minimal buying and selling, often through index funds or ETFs.

Index Fund

A type of mutual fund or exchange-traded fund designed to follow or track the components of a financial market index, such as the S&P 500.