Increased volatility of exchange rates can be traced back to:
A) the Vietnam War
B) the collapse of the Bretton Woods system
C) speculative attacks on the EMS
D) the 1985 Plaza Accord to intervene in the foreign exchange market

Question

Quizplus · Accepted Answer

The collapse of the Bretton Woods system in the early 1970s led to the transition from fixed to floating exchange rates, which increased exchange rate volatility.

Increased Volatility of Exchange Rates Can Be Traced Back To