Which of the Following Ultimately Resulted from the Establishment of the Bretton

question 14

Multiple Choice

Which of the following ultimately resulted from the establishment of the Bretton Woods system?

• A)an increase in national sovereignty
• B)establishment of the World Trade Organization
• C)the International Criminal Court
• D)the restriction of international trade
• E)greater national control over trade agreements

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Definitions:

Future Value

The value of an investment or loan at a specific date in the future, calculated using the current value and the expected rate of growth or interest.

Future Value

Future Value is the estimated amount of money that an investment will grow to over a specified period of time, assuming a certain rate of interest or rate of return.

Compounded Semiannually

Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated twice a year.

Mortgage

A loan specifically used to purchase real estate, where the property itself serves as collateral for the loan.