The 'Bretton Woods System' Was a

question 135

Multiple Choice

The 'Bretton Woods System' was a

• A) system of fixed exchange rates based on the gold standard.
• B) system of fixed exchange rates where central banks fixed the value of their currencies against the US dollar.
• C) system of floating exchange rates where central banks floated the value of their currencies.
• D) system of managed-float exchange rates where demand and supply mainly determined the value of currencies with occasional government intervention.

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Definitions:

Facial Expression

Movements of the facial muscles that communicate emotions or reactions and are a significant aspect of non-verbal communication.

Emotional Reactions

The spontaneous response of the emotional system to an event, thought, or memory, varying greatly in intensity and type.

Schachter And Singer Theory

A theory of emotion which suggests that physiological arousal occurs first, followed by the identification of the reason for this arousal which then leads us to experience and label the emotion.

James-Lange Theory

A hypothesis proposing that emotions are the outcome of physical responses to occurrences.