The correct answer is A. Chronological thinking
Explanation:
Chronological thinking involves analyzing and studying events from the past by considering the order in which they occurred. This often implies considering the historical periods or eras, organizing events in these, and arranging events from the oldest one to the most recent one. This type of thinking is mainly applied in history and related fields because it is ideal to identify the order events occurred and the relationship these might have. Thus, breaking history into distinct periods is an example of chronological thinking.
Answer:
The Bretton Woods system established in 1944 changed the international monetary system by replacing the gold standard with the U.S. dollar as the international currency. To control the new arrangement, the World Bank and the International Monetary Fund, were created.
Explanation:
Despite the system collapsing in 1973, leaving to each country the decision on about their currency as long as pegging its value to the price of gold is not an option, the institutions created are still today a fundamental element in economic international relationships.
