Since the End of the Fixed Exchange Rate System of the Smithsonian

question 1

Multiple Choice

Since the end of the fixed exchange rate system of the Smithsonian agreement

• A)exchange rates were revalued in the Bretton Woods agreement.
• B)exchange rates have been allowed to float.
• C)the United States returned to a gold standard.
• D)the zone of monetary stability has been limited to the U.S.,Canada,and Mexico.

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Definitions:

Private Trial

An ADR method in which a referee is selected and paid by the disputing parties to offer a legally binding judgment in a dispute.

"Rent-a-Judge"

A private adjudication service where parties in a dispute pay for a retired judge or private arbitrator to resolve their case outside of the public court system.

Dispute Resolution

The procedure for resolving disagreements or conflicts between parties, which can include negotiation, mediation, or arbitration.

Mediation

A form of dispute resolution where a neutral third party (mediator) helps the disputing parties come to a mutually acceptable agreement.