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:

Low-Income Households

Families or living units earning significantly less income than the average, often leading to limited access to resources and services.

High School Dropouts

Individuals who do not complete their high school education and receive a diploma.

Delinquency

Involvement in minor crimes, especially among young people, characterized by behaviors that violate social norms and laws.

Criminal Behavior

Actions that contravene the laws established by a community or country, often leading to arrest, conviction, and punishment.