The agreements that were reached at the Bretton Woods conferences in 1944 establ

Discussion Forum : Foreign Exchange For Economics

Question - The agreements that were reached at the Bretton Woods conferences in 1944 established a system ?

Options:

A . of essentially fixed exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed

B . in which the value of currencies was fixed in terms of a specific number of ounces of gold, which in turn determined their values in international tra

C . of floating exchange rates determined of the supply and demand of one nation’s currency relative to the currency of other nations

D . That prohibited governments from intervening in the foreign exchange markets

Answer: Option A
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