The Fixed Exchange Rate System Set Up in the 1940s

question 168

Multiple Choice

The fixed exchange rate system set up in the 1940s was the

• A)purchasing power parity exchange system.
• B)gold standard.
• C)Bretton Woods system.
• D)European Union euro system.

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Definitions:

Loud Noise

A sound that is significantly high in volume and can potentially cause hearing damage or discomfort.

Conditioned Emotional

A learned emotional response to a previously neutral stimulus through conditioning.

Acquired Fear

A type of fear that is learned through experience or conditioning, rather than innate.

White Rat

Commonly used in psychological experiments, particularly in behavioral studies, to understand learning and conditioning.