Which exchange system operated from the end of World War II to 1971?
A)The gold standard
B)The silver standard
C)The managed float
D)The Bretton Woods system

Question

Quizplus · Accepted Answer

The Bretton Woods system operated from the end of World War II until 1971. The system was based on fixed exchange rates with the US dollar as the reserve currency, and other currencies pegged to the dollar at a fixed rate. The system ended when the US suspended the convertibility of the dollar to gold, leading to a free-floating exchange rate regime.

Which Exchange System Operated from the End of World War