Which of the Following Is a Factor That Initiated the Collapse

question 17

Multiple Choice

Which of the following is a factor that initiated the collapse of the fixed exchange rate system?

• A) Worsening of Great Britain's balance of trade
• B) Recession in third world countries
• C) Price inflation in Europe
• D) Worsening of U.S. foreign trade position

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Definitions:

Unorthodox Ways

Methods or practices that diverge from what is traditionally accepted or established.

Influencing Politics

The act or process of affecting governmental policies, decisions, or the political climate through various means, including activism, lobbying, or public opinion.

Political Will

The determination or intent of a government or political body to undertake actions that address a particular issue or achieve a goal.

Stanford-Binet

A standardized test that assesses intelligence and cognitive abilities, first developed by Alfred Binet and later revised at Stanford University.