The breakdown of the Bretton Woods accord caused _____ volatility to increase.
A) Interest rate.
B) Inflation rate.
C) Exchange rate.
D) Commodity price.
E) Option price.

Question

Quizplus · Accepted Answer

The breakdown of the Bretton Woods accord in the early 1970s led to the end of fixed exchange rates and the beginning of floating exchange rates among major currencies, which increased exchange rate volatility.

The Breakdown of the Bretton Woods Accord Caused _____ Volatility