________ Was the Major System of Exchange Rate Determination from the End

question 11

Multiple Choice

________ was the major system of exchange rate determination from the end of World War II until 1971.

• A) The gold standard
• B) The Bretton Woods system
• C) The freely-floating system
• D) The managed-floating system

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Definitions:

Psychophysics

A branch of psychology that deals with the relationships between physical stimuli and the sensory perceptions and mental responses they evoke.

Differential Theory

suggests individual differences in behavior, traits, and intelligence result from genetic variation or environmental factors.

Psychotherapeutics

The treatment of mental or emotional disorders through psychological methods rather than medical interventions.

Perception

The process by which individuals select, organize, and interpret sensory input to form a meaningful picture of the world.