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Which of the following is an internal failure cost?
Bretton Woods System
A monetary management system that established the rules for commercial and financial relations among the major industrial states after World War II.
Gold Value
Refers to the market worth of gold, which fluctuates based on economic conditions, supply, and demand.
Exchange Value
The worth of a good or service as determined by the market, or the amount of goods and services that can be exchanged for it.
Bretton Woods System
An international monetary system established in 1944 that set up fixed exchange rates anchored by the U.S. dollar, which was convertible to gold.
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