The agreement that established a system of fixed exchange rates immediately following World War II is known as the:

Question

Quizplus · Accepted Answer

The Bretton Woods agreement was signed in 1944 and established a system of fixed exchange rates between major currencies, with the US dollar serving as the anchor currency. It also created the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which is now part of the World Bank group. Therefore, choices A and B are incorrect. Choice D is also incorrect as there was an agreement that established a system of fixed exchange rates after World War II.

The Agreement That Established a System of Fixed Exchange Rates