In _______, the United States ended the system of _______ exchange rates based on the convertibility of the US dollar to $35 per ounce of gold.

Question

Quizplus · Accepted Answer

In 1971, the United States ended the system of fixed exchange rates, known as the Bretton Woods system, which was based on the convertibility of the US dollar to gold at a rate of $35 per ounce. This marked the transition to a system of floating exchange rates.

In _______, the United States Ended the System of _______

In _, the United States Ended the System of _