Question

what is meant by the Britton woods agreement ? please answer hello friend. ✍️​

Answer 1

Answer:

what is meant by the Britton woods agreement ?

The Bretton Woods agreement was created in a 1944 conference of all of the World War II Allied nations. It took place in Bretton Woods, New Hampshire. Under the agreement, countries promised that their central banks would maintain fixed exchange rates between their currencies and the dollar.

Explanation:

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Answer 2

Explanation:

The Bretton Woods Agreement and System created a collective international currency exchange regime that lasted from the mid-1940s to the early 1970s. The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.