The ________ is the collection of agreements and institutions that govern exchange rates.
A) Bretton Woods Agreement
B) Plaza Accord
C) international monetary system
D) international bond market

Question

Quizplus · Accepted Answer

The international monetary system refers to the ensemble of agreements and institutions that govern exchange rates, capital flows, and international debt among countries. The Bretton Woods Agreement and the Plaza Accord are historically significant events that shaped the international monetary system, but they are not comprehensive enough to encompass the whole system. The international bond market, while important for international finance, is not directly related to exchange rates.

The ________ Is the Collection of Agreements and Institutions That