The agreements that were reached at the Bretton Woods conferences in 1944 established a system ?

A. of essentially fixed exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed upon value of its currency
B. in which the value of currencies was fixed in terms of a specific number of ounces of gold, which in turn determined their values in international trading
C. of floating exchange rates determined of the supply and demand of one nation’s currency relative to the currency of other nations
D. That prohibited governments from intervening in the foreign exchange markets

Related Mcqs:

When Micheal Jordan and Tiger Woods use marketing to promote their careers and improve their impact and incomes they are using?
A. cause-related marketing
B. idea marketing
C. nonprofit marketing
D. person marketing
To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?
A. tariff-rate quotas applied to imported goods
B. production and export controls
C. buffer stocks
D. multilateral contracts
Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?
A. A precise list or enumeration of financial transactions
B. Money deposited for checking savings or breakage use
C. A customer having business or credit relationship with a firm
D. All of these
Investment funds are established for the supports of institutions such as hospitals investment is called ?
A. Charity funds
B. Attached funds
C. Endowment funds
D. Investment fund
The bank established for loans to very small enterprises in Pakistan is called_______________?
A. Micro Finance Bank
B. Moderba Bank
C. SME- Bank
D. First MINI Bank
International joint ventures can lead to welfare losses when the newly established firm ?
A. adds to the pre-existing productive capacity
B. enters markets neither parent could have entered individually
C. yields cost reductions unavailable to parent firms
D. gives rise to increased amounts of market power
In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
A. decrease; depreciate
B. decrease; appreciate
C. increase; depreciate
D. increase; appreciate
The least common type of transaction in the foreign exchange is a ?
A. forward transaction
B. spot transaction
C. swap transaction
D. None of the above
If Sweden’s currency depreciates relative to Norway’s currency ?
A. Norway’s export goods become more expensive to Norway’s residents
B. Norway’s exports goods become cheaper to Sweden’s residents
C. Sweden’s export goods become cheaper to Norway’s residents
D. Sweden’s export goods become cheaper to Sweden’s residents
The price of one country’s currency in terms of another country’s currency is the ?
A. exchange rate
B. balance of trade
C. terms of trade
D. currency valuation