Under the Initial Bretton Woods System

question 67

Multiple Choice

Under the initial Bretton Woods system,

• A)foreign currencies could be converted into U.S.dollars, which could be redeemed for gold at a rate determined by supply and demand
• B)foreign currencies could be converted into U.S.dollars, which could be redeemed for gold at a rate of $35 per ounce
• C)foreign currencies could be converted into gold at a rate determined by supply and demand
• D)foreign currencies could be converted into gold at a rate of $35 per ounce
• E)gold was the international medium of exchange

---

Definitions:

Group Associations

Connections or affiliations between an individual and specific groups or organizations.

Avoidant Style

A term often used in psychology to describe a pattern of distancing oneself from emotional needs in relationships.

Task-Oriented

An approach or individual focused on completing tasks or achieving goals efficiently, often prioritizing work or objectives over personal feelings or relationships.

Self-Concept

An individual's perception of themselves, including beliefs, attributes, and who and what the self is.