Which Exchange System Operated from the End of World War

question 42

Multiple Choice

Which exchange system operated from the end of World War II to 1971?

• A)The gold standard
• B)The silver standard
• C)The managed float
• D)The Bretton Woods system

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Definitions:

Feedback Input

In control systems, this is an input derived from the output of the system itself, used to adjust or control the system.

Desired Operating Point

The specific value or condition that a system or process is intended to achieve and maintain for optimal performance.

Communications Links

Physical or wireless connections between devices that allow for data exchange.

PLC Systems

Systems that use Programmable Logic Controllers for automation of industrial electromechanical processes.