The agreements that were reached at the ________ conference in 1944 established a system of essentially ________ exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed-upon value of its currency.

Question

Quizplus · Accepted Answer

The conference referred to is the Bretton Woods conference and the system established was one of fixed exchange rates. The other options either refer to different conferences (Gold Standard and Pottsdam) or a different exchange rate system (Managed Float).

The Agreements That Were Reached at the ________ Conference in 1944