Economy, asked by vanita7063, 1 year ago

Explain what are the features of Bretton Woods System?

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Answered by ty009
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The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate of its currency within a fixed value—plus or minus one percent—in terms of gold; and the ability of the IMF to bridge temporary imbalances of payments.

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