Which of the Following Could Be Considered a Cause of the Collapse

question 13

Multiple Choice

Which of the following could be considered a cause of the collapse of the Bretton Woods system?

• A) The existence of Japanese budget deficits offset currency reserves as the yen become increasingly overvalued.
• B) The United States gold stock became increasingly too small to meet foreign dollar liabilities.
• C) Countries in Europe devalued currencies to increase export competitiveness.
• D) In order to meet reserve requirements imposed by the IMF, France and Germany mandated private holders of gold to purchase U.S. dollars destabilizing the U.S. dollar to gold peg.

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Definitions:

Independence

The state of being free from the control or influence of others, capable of thinking or acting for oneself.

Behavior Problems

Actions or patterns of behavior that are socially disruptive or inappropriate for a person's age or environment.

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states.

Social Status

The position or rank of a person or group within the society based on various factors, including wealth, occupation, education, and family lineage.