Question

bretton woods system was based on which type of rates​

Answer 1

Answer:

Bretton Woods established a system of payments based on the dollar.

Explanation:

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Answer 2

Answer:

Explanation:

Bretton Woods established a system of payments based on the dollar, which defined all currencies in relation to the dollar, itself convertible into gold, and above all, "as good as gold" for trade. U.S. currency was now effectively the world currency, the standard to which every other currency was pegged.