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</p> Signup and view all the answers

    When did the Bretton Woods Conference take place?

    <p>1944</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</p> Signup and view all the answers

    ما هو efekt من زيادة الاحتياجات العالمية على النظام النقدي؟

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

    ما هو الشرط اللازم لعملة قوية？

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

    ما هو الاسم الذي يُطلق على مؤتمر 1944؟

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

    ما هو النتيجة الطبيعية لنظام تحديد قيمة العملة بالذهب؟

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

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