The Bretton Woods agreement called for a system of fixed exchange rates that would be policed by the________________.
A) World Bank
B) United Nations
C) League of Nations
D) International Monetary Fund
E) United States

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) was established in 1944 along with the Bretton Woods agreement. Its primary purpose was to oversee the system of fixed exchange rates between currencies and to provide loans to countries experiencing balance of payment difficulties.

The Bretton Woods Agreement Called for a System of Fixed