The Bretton Woods Agreement is an agreement to standardize banks' capital requirements across countries; the resulting capital ratios are computed using risk-weighted assets.

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The Bretton Woods Agreement was actually an international agreement signed in 1944 to establish a new global monetary system, including a fixed exchange rate regime. It did not establish standardization of banks' capital requirements across countries. This was later addressed in the Basel Accords.

The Bretton Woods Agreement Is an Agreement to Standardize Banks