Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Consider the Bretton Woods era, which spanned from 1 9 4 4 to the early 1 9 7 0 s . Which of the following
Consider the Bretton Woods era, which spanned from to the early s Which of the following options correctly describes the main features of the international monetary system, global trade, and US foreign investment flows during this period? Group of answer choices The international monetary system was marked by a golddollar standard, global trade restrictions were minimal, and US goods dominated global trade. US foreign investment was geared towards establishing military bases in strategic locations globally. Most US investments took place in Latin America, Northern Africa, Spain, France, and China. The international monetary system operated under a gold standard, global trade was divided with the US and Latin American countries promoting free trade while Europe, Africa and Asia relied heavily on tariffs. US foreign investment and US financial markets were at the core of the reconstruction of Europe and Japan and to export the US dollar globally. The international monetary system relied on the dollargold system of fixed exchange rates, global trade emphasized free trade through multilateral agreements, and US foreign investment focused on wartorn regions. US capital and US goods were key in promoting the US dollar as the hegemonic world currency. The international monetary system was characterized by flexible exchange rates, global trade was dominated by bilateral agreements, and US foreign investment was primarily directed towards military expenditures abroad.
Consider the Bretton Woods era, which spanned from to the early s Which of the following options correctly describes the main features of the international monetary system, global trade, and US foreign investment flows during this period?
Group of answer choices
The international monetary system was marked by a golddollar standard, global trade restrictions were minimal, and US goods dominated global trade. US foreign investment was geared towards establishing military bases in strategic locations globally. Most US investments took place in Latin America, Northern Africa, Spain, France, and China.
The international monetary system operated under a gold standard, global trade was divided with the US and Latin American countries promoting free trade while Europe, Africa and Asia relied heavily on tariffs. US foreign investment and US financial markets were at the core of the reconstruction of Europe and Japan and to export the US dollar globally.
The international monetary system relied on the dollargold system of fixed exchange rates, global trade emphasized free trade through multilateral agreements, and US foreign investment focused on wartorn regions. US capital and US goods were key in promoting the US dollar as the hegemonic world currency.
The international monetary system was characterized by flexible exchange rates, global trade was dominated by bilateral agreements, and US foreign investment was primarily directed towards military expenditures abroad.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started