Which of the following was NOT accomplished by the Bretton Woods agreement?

Question

Quizplus · Accepted Answer

The Bretton Woods agreement did establish the International Monetary Fund, named the U.S. dollar as the key reserve currency, and fixed exchange rates. However, it did not return the international monetary system to the gold standard, as the gold standard had been discontinued during the Great Depression. Instead, the Bretton Woods system relied on a form of gold exchange standard where countries could exchange their U.S. dollars for gold at a fixed rate.

Which of the Following Was NOT Accomplished by the Bretton