The Bretton Woods system of fixed exchange rates was established in 1944.The central currency of this system was what?
A) French Franc
B) Chinese Renminbi
C) U.S. Dollar
D) British Pound
E) Swiss Franc

Question

Quizplus · Accepted Answer

The central currency of the Bretton Woods system was the U.S. Dollar. Other currencies were fixed in relation to the dollar, with the U.S. dollar being convertible to gold at a fixed rate of $35 per ounce.

The Bretton Woods System of Fixed Exchange Rates Was Established