Question

What
is Brettion
roood
bystem of exchange?​

Answer 1

Answer:

Bretton woods was a semi-fixed exchange rates set up in the post-war period. The Bretton Woods exchange rate system had a system of pegged exchange rates with currencies pegged to the dollar. The dollar was fixed to the price of gold ($35 an ounce) – giving the US Dollar a fixed value. The system ended in 1971.

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