Tag: economics
Questions Related to economics
GDR stands for _______.
The exchange rate system established under the Smithsonian agreement lasted for only 16 months.
Foreign exchange received on account of export of Jute will be recorded in capital account.
The gold standard was the epitome of the _______________.
_____________ exchange rate regime prevailed between 1870 to 1914.
The problem with the Bretton Woods exchange rate system was identified by Robert Triffin and was termed as _____________.
_____________ established an exchange rate system in 1971.
The Bretton Woods exchange rate system was established as a fixed exchange rate system, in the conference held at Bretton Woods in __________.
Which of the following is/are the reasons for the collapse of Bretton Woods system?
$1$. The refusal by the US Treasury to convert short-term liability into gold.
$2$. The US move to make dollar inconvertible.
$3$. The devaluation of US dollar in 1973.
Select the correct answer using the code given.
The breakdown of the Bretton Woods System was in _________.