The Bretton woods system of exchange rates relied on <u>"fixed or pegged exchange rates, with occasional orderly adjustments to the rates."</u>
The Bretton Woods arrangement of money related administration built up the rules for business and monetary relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods framework was the principal case of a completely arranged financial request expected to administer money related relations among free states. The central highlights of the Bretton Woods framework were a commitment for every nation to embrace a fiscal approach that kept up its outer trade rates inside 1 percent by binds its money to gold and the capacity of the IMF to connect transitory uneven characters of installments. Likewise, there was a need to address the trouble among different nations and to anticipate focused depreciation of the monetary forms also.
I think its repetition. none of the others really make sense to me
Answer:
$40,000
Explanation:
Straight line ammortization expense each year = (Cost of the asset - Salvage value) / useful life
$50,000 / 5 = $10,000
Carrying value = Cost of asset - amortization expense = $50,000 - $10,000 = $40,000
I hope my answer helps you
