Use the Following to Answer Questions

question 33

Multiple Choice

Use the following to answer questions :
-Henry VIII's reform effort that banned the Catholic Church and declared the English monarch head of the new Church of England but did little to change doctrine. Henry's primary concern was consolidating his political power.

• A)antinomians
• B)Calvinism
• C)English Reformation
• D)Halfway Covenant
• E)King Philip's War
• F)New Netherland
• G)predestination
• H)Puritans
• I)Puritan Revolution
• J)Quakers
• K)Separatists
• L)visible saints

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Definitions:

International Payments

Transactions between countries involving the transfer of money and payments for goods and services across borders.

Merchandise Exports

Goods produced domestically and sold to buyers in another country.

Freely Floating Exchange Rates

A system where the value of currencies is determined by supply and demand in the foreign exchange market without direct intervention by central banks.

Bretton Woods Agreement

An agreement established in 1944 which set up an international monetary system based on fixed exchange rates and established the International Monetary Fund (IMF) and the World Bank.