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Questions and Answers
Which event led to the establishment of the Bretton Woods system in 1944?
Which event led to the establishment of the Bretton Woods system in 1944?
- World War II (correct)
- The liberalization of trade
- The Great Depression
- World War I
What was the purpose of the Bretton Woods system?
What was the purpose of the Bretton Woods system?
- To create stable international exchange rates
- To foster international economic cooperation
- To encourage the free flow of capital around the world
- All of the above (correct)
Which global economic structure sought to facilitate the liberalization of trade by reducing tariff barriers?
Which global economic structure sought to facilitate the liberalization of trade by reducing tariff barriers?
- GATT (correct)
- The Great Depression
- The Bretton Woods system
- WTO
What was the major global economic system that functioned between 1896 and 1914?
What was the major global economic system that functioned between 1896 and 1914?
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What did the US dollar become in the Bretton Woods system?
What did the US dollar become in the Bretton Woods system?
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