Which of the Following Observations Is True of the Bretton

question 29

Multiple Choice

Which of the following observations is true of the Bretton Woods agreement?

• A) All countries agreed to fix the value of their currency in terms of gold under the agreement.
• B) The system accepted Pound as the official reference currency against gold.
• C) The agreement established a floating system of monetary exchange.
• D) Two multinational institutions, World Economic Forum and WTO, were formed under the agreement.

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Definitions:

Gamma Rays

High-energy electromagnetic radiation emitted by radioactive atoms or in nuclear explosions, with significant applications in medical treatment and diagnostics but also potential for harm due to their penetrating power.

Beta Particles

High-energy, high-speed electrons or positrons emitted by certain types of radioactive nuclei as part of their decay process.

Ionizing Radiation

Radiation that carries enough energy to liberate electrons from atoms or molecules, thereby ionizing them.