The International Monetary System was established
A) by the United Nations.
B) by the Bretton Woods Agreement.
C) by the United States, in cooperation with Great Britain.
D) during the Great Depression by the League of Nations.
Answer: B
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Equilibrium expenditure occurs when
A) real GDP minus net taxes equals disposable income. B) disposable income equals consumption expenditures plus imports. C) disposable income equals real GDP. D) aggregate planned expenditure equals real GDP. E) real GDP plus net taxes equals disposable income.
John D. Rockefeller is most recognized for:
a. developing the oil industry. b. being an early promoter of the computer industry. c. lobbying the government for the abolition of slavery. d. inventing new technology to further the steel production process. e. being an initial supporter of minimum wage laws.