The Breakdown of the Bretton Woods System Occurred Because

question 91

Multiple Choice

The breakdown of the Bretton Woods system occurred because

• A)the world economy was basically unhealthy
• B)the collapse of world gold production undermined the operation of the system
• C)the dollar was undervalued
• D)the dollar was overvalued
• E)the ten richest countries in the world refused to cooperate any longer

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Definitions:

Dispositional Attribution

The tendency to attribute someone's behavior to their personality, character, or disposition rather than situational factors.

Smart

Characterized by quick intelligence or cleverness.

Luck Of The Draw

An expression denoting the outcome of a situation determined purely by chance.

Dispositional Factors

These are inherent personality traits and characteristics that influence an individual's behavior and reactions to situations.