Economy, asked by kirtitripathi22, 11 months ago

What are the distinctive features of bretton woods system?

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Answered by meghana0505

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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