History, asked by anikethisbhondu, 1 year ago

How did bretton woods grow the trade?

Answers

Answered by hami51
1
Under the agreement,countries promise that their Central banks would maintain fixed exchange rates between their currencies and the dollars.If this currency became too high,the bank would print more.That would increase the supply and low it's price.Members of Bretton wood system agreed to avoid trade wars
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