Which of the following created a new international monetary system based on the value of the U.S.dollar?

Question

Quizplus · Accepted Answer

The Bretton Woods Agreement, signed in 1944, established a new international monetary system based on the value of the U.S. dollar. Under the agreement, other countries tied their currency to the U.S. dollar at a fixed exchange rate, and the U.S. dollar was fixed to gold at $35 per ounce. This system lasted until 1971, when the U.S. ended convertibility of the dollar to gold.

Which of the Following Created a New International Monetary System