Which of the Following Is Not True Regarding the Bretton

question 99

Multiple Choice

Which of the following is not true regarding the Bretton Woods Agreement?​

• A)It called for fixed exchange rates between currencies.
• B)Governments intervened to prevent exchange rates from moving more than 1 percent above or below their initially established levels.
• C)The agreement lasted from 1944 until 1971.
• D)Each country used gold to back its currency.
• E)All of the above are true regarding the Bretton Woods Agreement.

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Definitions:

Longitudinal Study

A research design that involves repeated observations of the same variables over a period of time, often years or decades.

Drawbacks

The disadvantages or negative aspects of a situation, plan, or decision.

Life Events

Significant occurrences or changes in an individual's life that can influence their emotional and physical well-being.

Rank-Order Consistency

A principle in personality psychology indicating that the relative order of individuals on personality traits tends to remain stable over time.