The Bretton Woods system called for _______________ exchange rates against the U.S.dollar.
A) variable
B) floating
C) fixed
D) fluctuating
E) market

Question

Quizplus · Accepted Answer

The Bretton Woods system called for fixed exchange rates against the U.S. dollar, meaning that other countries' currencies were pegged to the value of the U.S. dollar at a fixed rate. This was intended to promote economic stability and facilitate international trade.

The Bretton Woods System Called for _______________ Exchange Rates Against