The fixed exchange rate regime established at a meeting in New Hampshire in 1944 has been known as the
A) General Agreement on Tariffs and Trade.
B) Bretton Woods system.
C) International Settlement Fund.
D) Balance of Payments Compliance Accord.
B
You might also like to view...
When a competitive price-taker market is in long-run equilibrium
a. the firms in the market will earn zero economic profit. b. the average total cost of the firms in the market will be minimized. c. every unit of the relevant good that is valued more than its opportunity costs will be produced and sold. d. all of the above are correct.
Markovich Corporation is considering building a new plant. It will cost $1 million today to build it and it will generate revenues of $1.121 million three years from today. Of the interest rates below, which is the highest interest rate at which Markovich still would be willing to build the plant?
a. 3 percent b. 3.5 percent c. 4 percent d. 4.5 percent