Question

what is meant by bretton woods agreements ?

Answer 1

it is basically an conference which took place in bretton woods which changed the monetary and exchange rate management in 1944. this agreement was made by the united nations montary and finacial conference

Answer 2

A 1994 agreement made in Bretton Woods ,New Hampshire,which helped to establish a fixed exchange rate in terms of gold for major currencies.The international Monetary Fund was also established at this time .