Economy, asked by kajalsrivastava1999, 1 year ago

Features of bretton wood system

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Answered by moinsiddique
1
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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