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Author Question: The collapse of the Bretton Woods system marked A) the end of floating exchange rates and a move ... (Read 218 times)

amal

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The collapse of the Bretton Woods system marked
 
  A) the end of floating exchange rates and a move to fixed exchange rates.
  B) marked the end of fixed exchange rates and a move to floating exchange rates.
  C) the beginning of the gold standard.
  D) a plunge in the price of gold.
  E) the elimination of paper currencies.

Question 2

What are the main lessons economists learned from the developing country crisis?
 
  What will be an ideal response?



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Heffejeff

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Answer to Question 1

B

Answer to Question 2

(1 ) Choosing the right exchange rate regime
(2 ) The central importance of sound banking system
(3 ) The proper sequence of reform measures
(4 ) The importance of contagion




amal

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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