After World War II, many currencies were:
A) losing value because of the war's devastation.
B) still on the gold standard.
C) suffering from high inflation.
D) pegged to the U.S. dollar.

Question

Quizplus · Accepted Answer

After World War II, many currencies were pegged to the U.S. dollar as part of the Bretton Woods system, which established fixed exchange rates with the dollar convertible to gold.

After World War II, Many Currencies Were