Describe the Bretton Woods currency system?
What will be an ideal response?
Answer: In the Bretton Woods System, in place between 1944 and 1973, the participating countries agreed to an exchange rate regime that linked their exchange rates to the dollar. They could fluctuate in a 1% band around a fixed parity. The dollar itself had a fixed gold parity ($35 per ounce). When a country ran into a temporary balance of payments problem (a current account deficit) that threatened the currency peg, it could draw on the lending facilities of the IMF, also established at Bretton Woods in 1944, to help it defend the currency. Countries were also allowed to change their parities when their balances of payments were considered to be in "fundamental disequilibrium."
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________ scaling is a comparative scaling technique that uses a rank order procedure to sort objects based on similarity with respect to some criterion
A) Constant sum B) Q-sort C) Paired comparison D) Rank order
Once a criminal case has been brought against a defendant, a related civil case:
A) Will always be filed, but as a separate action. B) Can be filed by the victim, but in many cases no civil case is filed. C) Can be filed, but only if there is a conviction in the criminal case. D) Can be incorporated into the criminal case, but only if the victim and the prosecutor agree. E) Will automatically become part of the criminal case.