rhetorical analysis draft 1.1 - 1095 Words

Celeste Luna Amie Sheffer English 1301-54123 September 19, 2013 Draft 1.1 Rhetorical Analysis Individualism is a habit of being self- reliant. A cultural value is a persons desired and preferred way of acting. Every culture has their own cultural values and individualism but whether individualism is their cultural value is up to the person entirely. This could pose a conflict when persuading the wrong culture especially a culture as diverse as the American culture. Poranee Sponsel is a born and raised Thai who is now a professor at a university in Hawaii and gives us the outsider’s perspective of the American culture. In Sponsel’s article â€Å"The Young, the Rich, and the Famous: Individualism as an American Cultural value† Sponsel†¦show more content†¦Americans would not want to be known for this type of individualism so there would not be any persuasion here neither. In both accounts Sponsel finishes her proposal with the fact that Thai culture is better, this is known as bias remarks. Sponsel’s states th at â€Å"[f]rom the viewpoint of Thai, it seems that American family ties and closeness are not as strong as in Asian families† (82) â€Å"Many Thai students, as well as other Asians, have felt that they could not find genuine friendship with Americans† (83) and â€Å"most American parents seem to ‘lose’ their children by the teenage years. They don’t seem to belong to each other as closely as Thai families.† (82) Sponsel implies that Thai culture is closer than the American culture which infers that her Thai culture is better. Sponsel uses bias remarks based on her own experience, this is not good persuasion if targeting Americans because Americans would not worry more whether individualism is a cultural value but rather why Sponsel is comparing them to negative examples. Sponsel is not persuading her crowd but rather informing them about the bad Americans she has encountered, this turns her article into an informative instead of a persuas ive. Sponsel is unsuccessful in persuading her American crowd because she constantly attacks their culture with bad examples of Americans who only care for themselves. America is aShow MoreRelatedStudy Guide1489 Words   |  6 PagesDrafting and revising Purpose of the introduction, body, and conclusion Presenting written ideas visually and orally 2. Rhetorical Strategies A. Foundations of critical thinking B. C. Critical reading Summarization D. Writing for multiple purposes E. F. Voice, tone, and register Descriptive writing G. Genres H. Cause and effect I. J. Point of view Process analysis—visuals 3. Introduction to Research A. Various citation formats—APA B. C. Plagiarism and ways to avoid it Evaluating sources Read MoreVsdgvfyhb2024 Words   |  9 Pagesabout. So I happily watched the documentary and quickly whipped out a first draft (rough rough draft) without even really having to think about it- the words just poured out. However, when writing my real rough draft, I tried to focus a bit more on the rhetorical appeals. My revision process on Inquiry Two was much more rigorous than my typical revision process. At my meeting with Bridget for my conference on my rough draft of Inquiry 2, she had me read my paper aloud. Reading it out loud made meRead MoreInterpretation of the Text13649 Words   |  55 PagesP A R T 1. A N A L Y Z I N G F I C T I O N MODULE 1 1.1. The fictional world of a literary work Literature is writing that can be read in many ways. We can read it as a form of history, biography, or autobiography. We can read it as an example of linguistic structures or rhetorical conventions manipulated for special effect. We can view it as a material product of the culture that produced it. We can see it as an expression of beliefs and values of a particular class. We can also see a work of literatureRead MoreAustralia Should Not Agree For The Proposal Announced On The Paris Global Conference1854 Words   |  8 PagesStandardization: Conclusion : Australia should not agree to the proposal announced in the Paris Global Conference. 1. The global agreement was not made previously as the need was not realized. 1.1 In the last few years that scientist has begun to measure the link between temperature and carbon level. 1.2 Over the past few years, there has been a sharp decrease in the percentage of American, who believes that global warming is a serious problem. 2. Despite the rising community skepticism about globalRead MoreNarrative Text10129 Words   |  41 PagesPROPOSAL Submitted in Partial Fulfillment of the Requirements For the Degree Of Sarjana Pendidikan in English By †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. ENGLISH DEPARTMENT FACULTY OF LANGUAGE AND ARTS SURABAYA STATES UNIVERSITY 2010 TABLE OF CONTENTS CHAPTER I I INTRODUCTION 1.1 Background of the Study 1.2 Reasons for Choosing the Topic 1.3 Statements of the Problem The Objectives of the Study The Significant of The Study 1.6 Outline of the Study II REVIEW OF RELATED LITERATURE 2.1 General Concept of Film 2.1.1 The ElementsRead MoreEssay on An Analysis of Humes Dialogues Concerning Natural Religion4493 Words   |  18 PagesAn Analysis of Humes Dialogues Concerning Natural Religion ABSTRACT: Humes Dialogues Concerning Natural Religion (1779) may be read in the way Cleanthes (and Philo as well) reads Nature, as analogous to human artifice and contrivance. The Dialogues and Nature then are both texts, with an intelligent author or Author, and analogies may be started from these five facts of Humes text: the independence of Humes characters; the non-straightforwardness of the characters discourse; the way theRead MoreTeaching Writing Informal Letters8861 Words   |  36 PagesContents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2 Chapter I. General notion of writing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 1.1.Writing skills†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 1.2. The importance of effective writing skills†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 1.3. Informal writing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 1.4. Letter writing†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...9 1.5. Different types of letters†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦11 Chapter II.Teaching writing informal letters†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦13Read MoreNationalism and Transnationalism in the Context of the European Union28567 Words   |  115 Pages The Cure at Troy Seamus Heaney, 1996 Table of Contents: Introduction 3 Structure and Methods 6 1. Nationalism: Definitions, Concepts and Theories 8 1.1. Defining Nation 9 1.2. Concepts and Theories of Nationalism 13 2. The New Europe: Nationalism reframed? 22 2.1. History and Ideology 23 2.2. The Emerge of the European Union 32 3. European Nationalism: Transnational Integration 36 3Read MoreEffective Performance Management With The Balanced Scorecard Technical Report19419 Words   |  78 Pagesprior permission of the publishers. Translation requests should be submitted to CIMA. Effective Performance Management 1 Contents 1. Development of scorecard thinking. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.1 From performance measurement to strategic management . . . . . . . . . . . 1.2 Strategy mapping. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2.1 An introduction . . . . . . . . . . . . . . . . . .Read MoreOrganisational Theory230255 Words   |  922 Pagestheory focuses attention on the human issues in organization ‘There is nothing so practical as a good theory’ How Roethlisberger developed a ‘practical’ organization theory Column 1: The core contributing social sciences Column 2: The techniques for analysis Column 3: The neo-modernist perspective Column 4: Contributions to business and management Four combinations of science, scientific technique and the neo-modernist approach reach different parts of the organization Level 1: Developing the organization

Essay on A Look Into Germany - 1390 Words

Country background: Germany is currently the second most populous nation in Europe and one of the continents largest economies [1]. Since the early half 20th century the nation has gone through 2 world wars. Germany was originally divided into two former states known as the western federal republic of Germany (FRG) and the eastern German democratic republic (GDR). The FRG was a key member of western security, and economic organizations. The communist GDR was mainly involved with the Soviet-led Warsaw pact. By the end of the cold war western and eastern Germany were eventually united as one nation in 1990 [1]. Germany is a member of NATO, G8 summit and the United nations. It remains the world’s fourth largest economy by average GDP, and†¦show more content†¦Central Germany features a more mountainous country side. Northern regions consist of river wetlands and sandy soil. Natural resources include coal, cooper, uranium and arable land. Flooding is one of common natural hazards in the country [2]. The major rivers are the Weser, Rhine, Weser and the Danube. The first three both flow northward ending up in the North Sea. The Danube River flows east of more 1700 km which eventually reaches the black sea in Romania. Lake Constance is the largest lake in Germany which lies at the border separating Austria, and Switzerland [2]. Demographics: The current population of Germany is about 82,329,758. It is the 14th most populous nation in the world with more than 80 cities and with up to 100,000 inhabitants. More than 15 million of the German population is of non-decent [3]. Since the early 1960’s Germany has attracting migrants from across Europe as well as Northern Africa, and Turkey. Refuges from several developing countries consider Germany as a prime destination due to the changes in its constitution giving rights to asylum [3]. Ethnic groups consist of Turks, Italian, Russian, Spanish, and Iranian. The majority of Germans have a strong classical education due to the nation’s rich heritage to in history, music and art. English is widely understood by many Germans [3]. [3] History: The word Germany is derived from the Latin word ‘’Germanic’’ whichShow MoreRelatedA Look Into Germany s Economy Essay2559 Words   |  11 PagesGermany Natalie Retzlaff, Blake Otte, Cameron Bancroft, Claudia Navarro Economics 2110 CRN 10232 A Look into Germany’s Economy When looking at a map of Europe and asked to identify a country with one of the best economically sound counties, many people would say Germany. According to the UK – German connection Voyage, â€Å"Germany is a republic with a parliamentary democracy and a bicameral system of government. The Federal Government consists of the Chancellor and his or her ministers who are drawnRead MoreThe Role of Women in Nazi Germany Essay747 Words   |  3 Pagesin Nazi Germany ‘The role of women in Nazi Germany?’ what is it? In this essay I will explain to you what the role of women in Nazi Germany was all about and how Hitler came to power in Germany and made changes which affected what women did. Hitler made changes in the way people lived their lives. I will also use the sources to back up my answers. I will then decide if the Nazis believed men were better than women. Adolf Hitler first came to power in Germany, JanuaryRead MoreCould We Have Stopped World War Two?1132 Words   |  5 Pagesworld lost their sovereignty and became subject to occupation. Two of the Axis Powers, Germany and Japan, were occupied by Allied, and in Japan’s case, American troops, with Germany being especially affected. While Japan remained intact as a nation, albeit quite disillusioned with their emperor, Germany exited the war as a divided nation, both figuratively and literally. The Allied Powers divided the nation of Germany into five zones, with the US, UK and USSR each controlling one zone and France controllingRead MoreEconomic Analysis : Forecasting The Health Of Economy Is Foreign Trade1258 Words   |  6 Pagesand services and international transactions, and we can use those data to determine whether we have been recovering or not from the most recent recession, if we are at the peak of recovery, or declining. To do that, we will also look at internati onal economies such as Germany, Japan, European Union, China, India and Brazil. OVERVIEW In December 2015, The Bureau of Economic Analysis released its monthly report on International Trade in Goods and Services, and also provided the annual goods and servicesRead MoreThe End Effects Of World War I1555 Words   |  7 PagesArmistice of World War I allowed the war to end without a winner. Germany got the heaviest load. The end of the war brought The Great Depression. Germany suffered the most during the Depression. The end of the war ignited a spark in many people that led to the roaring fire of World War II. World War I was a battle between the Central Powers and the Allies. The two main countries going to war were France and Germany. The allies of Germany, Austria-Hungary and Italy, made up The Central Powers. The AlliesRead MoreWorld War I s Nationalism1123 Words   |  5 Pagesconflicts in Europe that became World War I. Europe’s nationalism in the 1800’s was called century of peace. Britain, France, and Germany had opponents in far away countries with quick victories which kept nationalism rising. Britain’s empire spanned twenty five percent of the globe during the two centuries of imperial, commercial, and naval dominance. The unification of Germany frightened Britain nationalists (Nationalism).German nationalism came from different origins but it was no less intense thanRead MoreGermany Is Better Than Its Neighbors1665 Words   |  7 Pagescountry will take that path† (19). He goes on in the same paragraph to also say, â€Å"Rather than pondering the question of whether Germany is better than its neighbors, it brings us to as whether, when, and to what extent Germany realized its possibilities† (19). In my opinion, I believe that the second quote directly reflects upon the first quote. He is not trying to compare Germany to every other country, and talk about ho w much better and efficient it is, he is simply trying to talk about Germany’s environmentalRead MoreGermany as a Victim1451 Words   |  6 PagesGermany as a Victim On the 16th June the German government, lead by Count Brockdorff-Rantzau, were presented with the Treaty of Versailles. They were originally given 14, and then 21 days, to agree to it. The treaty, which included some 440 Articles, was not as vindictive as Clemenceau had wanted nor as moderate as Lloyd George would have wished. It certainly fell far short of the conciliatory features of Wilsons fourteen point proposals. (Evans and Jenkins) HoweverRead MoreThe Treaty of Versailles1684 Words   |  7 Pagesused in this investigation including a number of books that look at the terms of the Treaty of Versailles and the reactions those terms triggered. Many sources, both primary and secondary, also examine how those reactions resulted in a failure in the attempt of brining permanent peace. Two sources were evaluated for their origins, purposes, values, and limitations: Prelude to War by Robert T. Elson and The Kings Depart: The Tragedy of Germany, Versailles and The German Revolution by Richard M. WattRead MoreWitch Trials in Germany1475 Words   |  6 Pageswere a time of dramatic change in Germany, both religiously and politically. Religiously, the Protestant Reformation, driven by Luther’s ninety-five theses, challenged Catholicism. Politically, the Holy Roman Empire grew weaker whilst territorial states such as Ellwagen gained power. The changes within these political and religious institutions threatened the social structure, causing people to become insecure and vulnerable. Witch hunts were not common in Germany until around 1570, after the Council

Judgment and Decision Making for Entrepreneurial - myassignmenthelp

Question: Discuss about theJudgment and Decision Making for Entrepreneurial Action. Answer: Reading analysis: In the reading, it has been evident that people think that they support their decision with rationales but at times there might not be such situations that would not support any rationale on thinking. It is for the same reason, understanding the cognitive behaviour of the people becomes more important in order to understand the perception of the people. This leads to focus on the psychological aspect and thinking of the people in order to be consistent on something. There might arise many judgemental biases among the respondents (Holcombe et al., 2014). In this respect, it has to be understood that there are many factors that can be behind the particular decision making. At many times, there might occur judgemental biases but the most suitable decision need to be selected that would bring the best outcome of the decision. At many times, it might take place that judgement and the decision making does not work side by side and the respondents have to suffer (Cornish Clarke, 2014). In order to overcome these situations, it is important to take certain strategies that would help to overcome the issues and problems faced by a person. Focusing on the errors and overcoming the challenges is the main criteria to support the rationale of the particular topic. Experience: If an experience has to be shared here, I wanted to recall that the incident that once I was asked by one of my friends to keep an important document safe with me and not to disclose the same to anyone. He in fact asked me not to look into the document; but out of curiosity I looked into the report and I saw that it was an agreement deal that stated that his father had to pay a good amount of money as a repayment of loan. I understood that my friend is in a big problem and we must help him to overcome the issue. This is when I thought of discussing the same with my friend. At first he was furious because I did not obey his orders but later he shared details with me. I also helped in the best possible way. Reading analysis: In carrying out major practices in the professional activities, at times it happen that one has to do many activities related to the particular business. It depends on the intellectual level and activities of the person to deal with the particular situation and come up with the best solution or practices. The administrator of an organisation is mainly responsible for the overall activities of the profession. So the administrator should posses that level of intellectual behaviour that would support the need of the organisation. The administrator is also responsible for overcoming any conflict that can occur at any point of time (Taylor, 2013). It has to be understood that the administrator can never be escaped and it is in fact the sole responsibility of the administrator to keep a look on every single matter in order to avoid any kind of conflict or dilemma with other people. One should understand the situation and come up with the relevant values or information that are required to deal with the situation and end up formulating the right decision to deal with the situation. In the decision making process, considering the values and ethical approaches are equally important. The idea is to practice good policy and come up with particular decision that would be beneficial for all the people who are directly or indirectly related to the particular incident (Huffman et al., 2014). In the decision making process, one has to face with many options but coming up with the right judgemental decision is the only way to overcome the problems. Experience: If this particular situation is taken into consideration, one incident reminds me of the day when the idea of an intellectual person was required. One day, at the University, it happened that one of our classmates suddenly became unconscious and needed immediate medical help. However, apparently there were one to help her but it was our professor who took immediate decision and she was taken to the nearby hospital wasting no time in between. In the decision making approach, the administrator might have to face challenges but coming with the right judgement and decision is what actually matters. Thus, it can be said that the intellectual presence of the person has helped her to rescue and save her life. References: Cornish, D. B., Clarke, R. V. (Eds.). (2014).The reasoning criminal: Rational choice perspectives on offending. Transaction Publishers. Holcombe, T. R., Holmes, R. M., Klein, P. G., Ireland, R. D. (2014).Motivated reasoning in judgmental decision-making and entrepreneurial action: Toward a behavioral model. Working Paper, Farmer School of Business, Miami University. Huffman, J. B., Hipp, K. A., Pankake, A. M., Moller, G. A. Y. L. E. (2014). Professional learning communities: Leadership, purposeful decision making, and job-embedded staff development.Journal of School Leadership,11(5), 448-463. Taylor, B. (2013).Professional decision making and risk in social work. Learning Matters.

Inflation Rates Essays - Foreign Exchange Market,

Inflation Rates The price of one currency in terms of another is called the exchange rate. The exchange rate affects the economy in our daily lives because it affects the price of domestically produced goods sold abroad and the cost of foreign goods bought domestically. ?Mexicans use pesos, French use francs, Austrians use schillings, and this use of different monies by different countries results in the need to exchange one money for another to facilitate trade between countries?(Husted 315). Without the exchange rate it would make it impossible to purchase goods in other countries that have a different currency. Day-to-day movements in exchange rates are closely related to people's expectations. ?The role of monetary policy would be to manage the exchange rate. A monetary expansion would tend to lower interest rates, thus lead to short-term funds flowing into foreign currencies, and so depreciate the domestic currency?(Corden 21). Throughout the history of the economy, the exchange rate has not always been controlled under the same monetary system. Foreign exchange is usually traded as bank accounts denominated in different currencies. Most of the trade takes place between the major banks and between banks and their corporate customers. Modern communications make it a truly global market. The rates vary by minute. ?Exchange rates changes are largely unexpected and so there is an important element of risk in multinational transactions that domestic transactions lack?(Husted 320). The closing rates in each financial center are reported regularly in the media. The closing rates of the previous day are listed in the morning newspaper for leisurely reading. There are two main typ es of foreign exchange systems: 1) fixed exchange rate, and 2) floating exchange rate. A fixed exchange rate system is where governments can set a certain fixed rate at which their currencies will exchange for each other and then commit themselves to maintaining this rate. Countries use an agreed-upon currency worth a specific measure standard. On the other hand, the unregulated forces of supply and demand determine the floating exchange rate system. ?During this, there is a trade-off between the rate of inflation and the current account?(Corden 86). ?If a country imports large quantities or goods, the demand will push up the exports imports large quantities of good, the demand will push up the exchange rate for that country, making the imported goods more expensive to buyers in that country. As the goods become more expensive, demand drops, and that country's money becomes cheaper in relation to other countries' money?(Gwinn 627). From 1870 to 1914, the exchange rate was determined by the Gold Standard. This system was a fixed exchange rate, and the way it worked was by pricing every currency in terms of gold. So in general terms, if X amount of one currency was equal to one ounce of gold, and Y amount of currency was also equal to one ounce of gold, then X and Y can also be exchanged. But this system had many flaws that led to a new system after all those years. The main problem with the gold standard arose due to the fact that the money supplied depended a great deal on the amount of gold held in banks, but the countries had little control over the money supply. If the demand for a currency exceeded the actual supply, banks were forced to ship gold to satisfy the individual country's requirements for the scarce currency. A flow of gold into a country obviously increased the money supply, which in turn raised prices and made its goods more expensive. This, in turn, reduced foreign demand for its currency. The n an example of how this relates to exchange rates is that if the total demand for a certain currency is decreased, the value of the currency also decrease. So more of it has to be exchanged for another currency to be equal in value. So because of this problem, the gold standard was replaced by a new monetary system. This new system was established near the end of World War II, and it was called the Bretton Woods system. ?The experts who had negotiated the Bretton Woods Agreement, and the Governments that had endorsed it, had been inspired by a desire to learn from