Chapter 9 Video Assignment

5) In 1944, 44 countries came together to strengthen international commerce and create a framework for stability in the international monetary and financial systems. The group negotiated the ________. A) creation of the euro B) Bretton Woods Agreement C) Balance of Trade Agreement D) balance of payment E) devaluation of currencies

B) Bretton Woods Agreement

1) According to the video, which system establishes currency values based on supply and demand? A) The global financial system B) The World Bank system C) Floating exchange rate system D) A pegged exchange rate system E) The global financial system

C) Floating exchange rate system

4) According to the video, many countries set the value of their currency relative to the value of another currency, a reference currency such as the U.S. dollar. This exemplifies which of the following systems? A) Floating exchange rate system B) Market force exchange rate system C) The World Bank system D) Fixed exchange rate system E) Global financial system

D) Fixed exchange rate system

3) Which organization, representing 90 percent of the world economy, aims to bring greater stability to the global financial system? A) The Bank for International Settlements B) The World Bank C) The World Bank D) The G-20 E) The Central Bank

D) The G-20

Question Number 2) According to the video, the ________ refers to the institutional structures, rules, and processes that manage how national currencies are exchanged for one another A) International Monetary Fund B) foreign exchange market C) global financial system D) international monetary system E) World Bank

D) international monetary system