The Bretton Woods System was a system of ________ exchange rates against the United States dollar.
A)flexible
B)variable
C)floating
D)fixed

Question

Quizplus · Accepted Answer

The Bretton Woods System was a fixed exchange rate system where other currencies were pegged to the US dollar at a fixed exchange rate. This means that the value of each currency was fixed in terms of the US dollar and could only fluctuate within a narrow band.

The Bretton Woods System Was a System of ________ Exchange