Which of the following was a negotiated monetary order after World War II to govern monetary relations and currency exchange rates among independent states?
A) World Trade Organization
B) Bretton Woods system
C) Big Unit Capitalism
D) GATT

Question

Quizplus · Accepted Answer

The Bretton Woods system was a negotiated monetary order set up after World War II to govern monetary relations and currency exchange rates among independent states. The World Trade Organization (A) was created in 1995 to regulate international trade, while Big Unit Capitalism (C) is not a recognized term in economics. GATT (D) stands for the General Agreement on Tariffs and Trade, which was a precursor to the World Trade Organization but focused mainly on reducing tariffs and trade barriers rather than monetary policy.

Which of the Following Was a Negotiated Monetary Order After