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:

AC

Alternating Current, a type of electrical current in which the flow of electric charge periodically reverses direction.

XIC Instruction

In ladder logic and PLC programming, the "Examine if Closed" instruction that checks if a particular condition is true (i.e., if a contact is closed).

True

A logical or Boolean value indicating affirmative or confirmation, often represented digitally as '1' in binary.

Pressure Switch

A device that closes or opens an electrical contact when a certain set fluid pressure has been reached on its input.