Describe the Bretton Woods system, and explain the institutions created as part of Bretton Woods. In your explanation, be sure to discuss how these institutions work and what their mandates are. Do you think these institutions have been successful?
What will be an ideal response?
The ideal answer should include:
1. Describe the Bretton Woods system.
2. Identify the World Bank and the International Monetary Fund as two institutional components of Bretton Woods.
3. Explain how each institution works and what its mandates are. For example, the World Bank provided loans to reconstruct Western European economies after World War II, and the IMF coordinates international currency exchange, the balance of international payments, and national accounts.
4. Discuss whether these institutions have been successful. For example, Western European countries were able to rebuild their economies after World War II thanks to the aid provided by these institutions.
5. Offer a concise summary and effective conclusion.
You might also like to view...
Ethnic groups
a. often seek legal segregation b. often become violent c. often seek independence d. often seek autonomy
What is the difference between terrorism and insurgency?
a. Insurgencies are considered legitimate while terrorism is always illegitimate. b. Insurgencies are recognized by the international community while terrorism is illegal. c. Insurgencies use conventional weapons while terrorists do not. d. Insurgencies attack military targets while terrorists attack civilian targets.
Most U.S. news media are owned by __________, which primarily seek(s) to __________
A) the U.S. government; raise revenues B) the U.S. government; raise issue awareness C) foreign governments; globalize the content of news D) private corporations; make a profit E) private corporations; raise issue awareness
All of the following are categories of the different processes that distinguish public organizations from private organizations EXCEPT ______.
a. measures of performance b. public scrutiny c. policy formation d. persuasion