The ________ system of currency exchange was set up in 1944.

Name: The ________ system of currency exchange was set up in 1944.
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The Bretton Woods system of currency exchange was set up in 1944. The gold standard had been used prior to 1944 and was abandoned during the Great Depression. Managed float and flexible exchange rates are more recent systems that came about after the breakdown of the Bretton Woods system in 1971.

The ________ System of Currency Exchange Was Set Up in 1944