History, 25.07.2019 04:50 biancaceja755
In recent weeks, the speculators have been waging an all-out war on the american dollar. the strength of a nation's currency is based on the strength of that nation's economy — and the american economy is by far the strongest in the world. accordingly, i have directed the secretary of the treasury to take the action necessary to defend the dollar against the speculators. i have directed secretary connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the united states. —richard nixon, august 15, 1971 which of the following statements describes a major cause of the policy shift outlined in the passage? a. the overvaluation of the u. s. dollar as a result of the bretton woods system b. the collapse of the american gold mining industry due to unsustainable mining practices c. the refusal of many european countries to exchange u. s. currency for gold d. the need to increase the supply of u. s. dollars to fund the arms race
Answers: 1
History, 21.06.2019 21:00
Which of the following documents influenced the u.s. constitution? select all that applythe magna cartadeclaration of sentimentsthe english bill of rightsfederalist writingsanti-federalist writingsthe french constitution
Answers: 1
History, 22.06.2019 06:30
Review president franklin delano roosevelt’s “four freedoms” speech and president barack obama’s “welcoming remarks” speech. is the “freedom from fear” a concern for both men and women equally? compare and contrast both speeches to answer this question. use the “wedding cake” compare contrast organization.
Answers: 2
In recent weeks, the speculators have been waging an all-out war on the american dollar. the strengt...
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