Question
In: Economics
write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This...
write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. In 1944, finance specialists and bankers from around the world met to discuss what the post-WWII monetary system would be. Given the instability of the pre-war period, the goal was to create a new system. The outcome of this was the Bretton Woods system, which had the U.S. dollar as the world reserve currency linked to gold at $35 an ounce. All other currencies were tied to the dollar with limits on how much they could appreciate or depreciate. The system lasted until the 1970s, when the United States decided to move away from gold convertibility. The modern system is based on supply and demand for currency and a managed float. Discuss the following in your main post: The U.S. dollar remains the world's reserve currency. Is this good for the United States, and if so, why? People usually think a "strong" dollar is good. Is this true for U.S. businesses, and does it help or hurt the U.S. balance of payments?
Solutions
Rahul Sunny answered 2 years agoRelated Solutions
write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This...
write 400–600 words that respond to the following questions with
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Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This...
Write 400–600 words that respond to the following
questions with your thoughts, ideas, and comments. This will be the
foundation for future discussions by your classmates. Be
substantive and clear, and use examples to reinforce your
ideas.
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Write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This...
Write 400–600 words that respond to the following
questions with your thoughts, ideas, and comments. This will be the
foundation for future discussions by your classmates. Be
substantive and clear, and use examples to reinforce your
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Primary Task Response: write 400–600 words that respond to the following questions with your thoughts, ideas,...
Primary Task Response: write 400–600 words that respond to the
following questions with your thoughts, ideas, and comments. This
will be the foundation for future discussions by your classmates.
Be substantive and clear, and use examples to reinforce your ideas.
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Respond to the following scenario with your thoughts, ideas, and comments. Be substantive and clear, and...
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Within the Discussion Board area, write 400-500 words that respond to the following questions with your...
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respond to the following questions with your thoughts, ideas, and
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Within the Discussion Board area, write 500 words that respond to the following questions with your...
Within the Discussion Board area, write 500 words that respond
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Within the Discussion Board area, write 200-300 words that respond to the following questions with your...
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