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:
The principle will be Equality, Justice, and Liberty.
Explanation:
Democracy throughout the U.S is guided by three values around which the country's economic socio-political structure is founded: liberty, freedom, and fairness (justice).
- The nation, therefore, advocates equality for all its people, seeing this right as that of the privilege of every male and female to determine their respective existence without even any restriction whatsoever. To do this, it is the role of the government as well as the legislation treat everyone equally reasonably, that is, there was no other advantage than economic worth.
- Ultimately, the convergence of both principles means the creation of a just society in which the honest is compensated as well as the incorrect is persecuted and in which the fruit of each dedication and commitment is received.
Badly, like all women throughout history the were dehumanized and demoralized, from birth to death...
Answer: I believe it would be B, D, and E lad
The reason i say this is because the treaty caused alot of damage to the german army(they couldn't have the luffewaffe, there army was reduces to 100,000 troops, and much more) , land (they had to give up a ton of money to the allies of WW1), and put them in a ton of debt (they had to pay about $33 billion)
Explanation:
I hope this helps you mate :)
Answer:
The reasons for African colonisation were mainly economic, political and religious. During this time of colonisation, an economic depression was occurring in Europe, and powerful countries such as Germany, France, and Great Britain, were losing money.
Explanation:
hope it helps
