In the 1930s, Some Nations Such as the United States

question 135

Multiple Choice

In the 1930s, some nations such as the United States and Britain abandoned their gold pegs by adopting ________, whereas other nations such as Germany and South American nations adopted ________.

• A) floating exchange rates and open capital markets; fixed exchange rates and capital controls
• B) fixed exchange rates and open capital markets; floating exchange rates without capital controls
• C) fixed exchange rates and closed capital markets; floating exchange rates and closed capital markets
• D) floating exchange rates with closed capital markets; floating exchange rates and open capital markets

---

Definitions:

Mentoring

A relationship where a more experienced or knowledgeable person helps to guide a less experienced or knowledgeable person.

Informal Training

A learning process that occurs in a less structured context, without formal curriculum, often as part of daily activities.

Experienced Employee

An individual who has gained a significant amount of knowledge, skill, and expertise in their profession over time.

Hawthorne Effect

A phenomenon where individuals modify an aspect of their behavior in response to their awareness of being observed.