The Bretton Woods monetary system was created in order to accomplish all of the following EXCEPT
A) to avoid the mistakes of the Treaty of Versailles such as the reparations imposed on the defeated Germany.
B) to maintain exchange rates between different currencies so people could buy and sell in different countries without fear that values would fluctuate wildly.
C) to provide loans to a nation that was having problems balancing payments.
D) to make the United States the dominant economic power in the world.
Answer: D
You might also like to view...
Palestinian militants detonated explosives to protest what actions by the Israelis?
a. invasion of Kuwait b. closing of businesses on Saturdays c. Israeli occupation of Arab lands d. laws restricting Muslim worship e. taxes on non-Jews
Western monasticism was characterized by
A) study and the preservation of manuscripts. B) fasting and self-inflicted torments. C) hard manual labor to learn humility. D) prayer and meditation. E) a balance of study, work, and prayer.
On the European continent, where did steam-powered industry mainly develop?
A. in coal and iron-rich regions B. in harbor towns C. along rivers and lakes D. near large cities
Most young people who sympathized with the counterculture
a. moved to hippie communes. b. dropped out of society to live on their own terms. c. remained part of the society they criticized. d. avoided drug use.