What eventually undermined the Bretton Woods system?
a. the Watergate affair
b. the seemingly uncontrollable outflow of U.S. dollars into the international economy
c. the extreme increases in the price of oil brought about by OPEC
d. the growth of immense debts in the Third World
Question 2
Which one of the following is not a problem that Developing World states face in their international economic relations?
a. Many Developing World states rely on only one or two products to earn foreign
exchange.
b. In the eyes of the Developing World, the current international economic system is
biased in favor of industrialized states.
c. Prices of products exported by Third World states did not increase as rapidly as
prices of products imported by them during the 1980s.
d. Major Western lending institutions and banks have proven to be unwilling to
reschedule terms of repayment for Third World debts.
Muscular system
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How to solve a linear system when the variable is in the denominator position (Question 1 of 2)
Renin–angiotensin system.