The Triffin Dilemma and the Bretton Woods System

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Questions and Answers

What is the main problem with fixing a national currency to gold and making it the main vehicle for international trade?

  • It is impossible to simultaneously achieve both goals without negative consequences (correct)
  • It will lead to high inflation
  • It will lead to a recession
  • The gold reserve will deplete quickly

Who first identified the pattern known as the Triffin Dilemma?

  • Milton Friedman
  • Alan Greenspan
  • John Maynard Keynes
  • Robert Triffin (correct)

What is necessary for a truly strong currency according to the Triffin Dilemma?

  • A floating exchange rate
  • A fixed exchange rate
  • A large money supply
  • A small money supply (correct)

What is the main reason why the growing needs of the world market will lead to problems?

<p>The money supply will exceed the gold reserve (A)</p> Signup and view all the answers

When did the Bretton Woods Conference take place?

<p>1944 (A)</p> Signup and view all the answers

ما هو اسم الاستثناء الذي واجهته البنوك المركزية عندما قاموا بتثبيت عملتهم بالذهب والسماح لها بالتداول العالمية؟

<p>مأزق تريفين (C)</p> Signup and view all the answers

ما هو efekt من زيادة الاحتياجات العالمية على النظام النقدي؟

<p>أزمة في النظام النقدي العالمي (A)</p> Signup and view all the answers

ما هو الشرط اللازم لعملة قوية?

<p>توفير المخزون من الذهب (D)</p> Signup and view all the answers

ما هو الاسم الذي يُطلق على مؤتمر 1944؟

<p>مؤتمر بريتون وودز (B)</p> Signup and view all the answers

ما هو النتيجة الطبيعية لنظام تحديد قيمة العملة بالذهب؟

<p>أزمة في النظام النقدي (C)</p> Signup and view all the answers

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