Question

what is bretton wood agreement? ​

Answer 1

The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states.

Answer 2

The Bretton Woods Agreement established the International Monetary Fund (IMF) and the World Bank for preserving global economic stability and employment in the industrial world. The agreement was finalised in July 1944 at Bretton Woods in New Hampshire, USA.