Solved

One of the Major Provisions of the Bretton Woods Agreement,which

Question 17

Multiple Choice

One of the major provisions of the Bretton Woods Agreement,which eventually contributed to the end of the gold standard was:


A) the provision that allowed the United States to unilaterally change the value of the USD in terms of gold.
B) that silver could be substituted for gold as the reference for the value of currencies.
C) that the IMF could adjust the conversion rate of USD into gold periodically.
D) that USD would be converted into the equivalent amount of gold for an entity that requested it.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents