Answer:
The correct answer is A. The Bretton Woods system ended in 1971.
Explanation:
The Bretton Woods system was a fixed exchange rate system in which the exchange rate for countries' currencies against the US dollar was fixed. From 1945 to 1971, it regulated exchange rates for member countries of the International Monetary Fund (IMF).
In July 1944, an international conference was held in the small town of Bretton Woods, New Hampshire, with participants from 44 nations. It was decided to set up the International Monetary Fund and the Bretton Woods system, the latter being used until the early 1970s.
The agreement meant that the member countries joined a fixed exchange rate system, which set the exchange rate for the country's currency against the US dollar. Instead, the US guaranteed a fixed redemption price of the dollar in gold. Exchange rate changes were made only to adjust for "basic imbalances" in the balance of payments. In practice, the agreement meant an end to repeated and drastic devaluations of local currencies in search of competitiveness in the export market. Earlier currency restrictions could also be lifted, with the result that international trade could increase.
The system was aborted in 1971, when the United States decided to no longer guarantee the dollar value with a fixed redemption price in gold, called the "Nixon shock". By then, the United States had already let the dollar exchange rate float in 1968. The reasons were, among other things, in the extremely costly Vietnam War for the United States. The result was that other currencies with previously fixed exchange rates also floated. The Bretton Woods system formally ceased in 1973, after vain attempts to stabilize key currencies.
Answer:
B. Louis XIV
Explanation:
Louis XIV was the ruler of the Bourbon Dynasty he began to follow the traditional absolute monarchy that would last a century he declared 'Divine Right' of King. According to his Divine right, the strength of the King to govern comes from God and the King is the messenger or agent of God on the Earth.
Divine rights allow Monarch to rule and control all aspects of the Government because people believe he is the messenger of God on the earth.
The correct answer is C. The Arab Spring protests reflected global cultural diffusion because they relied heavily on global communication technology to succeed.
The role that the Internet played in these revolutions and social networks is being widely discussed among those who defend it as a great cause of the revolts and who cite it simply as a change in the media and never as a profound cause. In any case, the rapid communication through the Network has served to have their own characteristics, such as spontaneity and the clear absence of leadership. In the Egyptian case, in addition, Internet was revealed so important that it was banned by the government along with mobile phones and, a few days later, to the Al Jazeera television network, which was broadcasting 24 hours on the Internet. However, the Egyptians have been able to communicate through ruses and old technologies such as fax.
Answer:
The Mexico–United States barrier is a series of vertical barriers along the Mexico–United States border aimed at preventing illegal crossings from Mexico into the United States.
