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Bretton Woods is the primary focus of the question and subsequently this answer. Anyone reading this is very likely alive today. That's about it.
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What is the role of science in entertainment?
in todays life science is every thing
Role of power and politics in todays worlds?
power plays a drastic role in todays politics.it helps a nation accomplishing its goal.
What does the baker learn in Into The Woods?
The baker learns that even childless people have an important role in life and that mistakes do not have to be passed from generation to generation.
How is Tiger Woods a role model?
very good at golf :) of course he is look at all the amazing things he has done in his life 11
What role does the maritime industry play in todays global economy?
It doesn't
Why is Tiger Woods a role model?
He isn't....
What role did Steve Biko play in Donald Woods life?
Steven Biko helped Donald Woods understand the black man's struggle in South Africa! A good movie to watch would be Cry Freedom.
What is the Role of communication in todays life?
communication is the most important aspect of an individuals life.all the media of communications are very important as they all help us to get united with each other.
What is the role of modern chemistry to your daily life?
= What is role of chemistry in todays life = Absolutely nothing happens in life or any where else without chemicals and chemistry the role is is oly limited by the imagination and the laws of nature.
Can someone suggest good topics for elocution in 9th std?
role of tecnology in todays world
What is Triffin Paradox?
The Triffin dilemma, less commonly called Triffin paradox, is the fundamental problem of the United States dollar's role as reserve currency in the Bretton Woods system, or more generally of a national currency as reserve currency. By the early 1960s, an ounce of gold could be exchanged for $40 in London, even though the price in the U.S. was $35. This difference showed that investors knew the dollar was overvalued and that time was running out. There was a solution to the Triffin dilemma for the U.S.: reduce the number of dollars in circulation by cutting the deficit and raising interest rates to attract dollars back into the country. Triffin Paradox pointed out the basic contradiction in the Bretton Woods system especially when dollar started losing its credibility to convert into gold at the promised rate of $35 per ounce of gold. The contradiction was that only when US ran deficits, could other countries build up forex reserves; but as soon as the US BoP deficits became unsustainably large, other countries lost faith, leading to demise of Bretton Woods in 1971.
How are todays labor unions different than the role advocated by gompers?
They have been taken over by the socialists.
