The Bretton Woods System of 1944-1973 was based upon
A) the international silver standard
B) the international gold standard
C) freely fluctuating exchange rates
D) relatively stable exchange rates

Question

Quizplus · Accepted Answer

The Bretton Woods System established fixed exchange rates where currencies were pegged to the US dollar, which was convertible to gold, ensuring relatively stable exchange rates.

The Bretton Woods System of 1944-1973 Was Based Upon