In 1971, how did the United States effectively abolish the original Bretton Woods system?
A) By abandoning the floating exchange rate system in favour of a fixed rate of exchange
B) By suspending the convertibility of US dollars to gold
C) By effectively pulling the United States out of the UN Security Council
D) By suspending American payments to the UN
E) By annulling commitments to regulate structural adjustment policies
Correct Answer:
Verified
Q4: Which of the following was NOT an
Q5: The US currently holds approximately what percentage
Q6: Within the World Bank, how are board
Q7: What is the name of the organization
Q8: What was the initial function of the
Q10: Which of the following statements is NOT
Q11: Which of the following goals were included
Q12: Which country was the first to threaten
Q13: Which term refers to the program of
Q14: Which of the following was NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents