_____________ require(s)that the currencies of other countries have an exchange rate that is fixed to the dollar.
A) The United Nations
B) The United States
C) The Bretton Woods system
D) Multinational corporations

Question

Quizplus · Accepted Answer

The Bretton Woods system, established after World War II, required that the currencies of other countries be fixed to the value of the US dollar, which was in turn fixed to the value of gold. This system was designed to promote international economic stability and prevent currency fluctuations. It was eventually abandoned in the 1970s due to economic and political pressures.

_____________ Require(s)that the Currencies of Other Countries Have an Exchange