Bretton Woods System - SlideServe
Bretton Woods System - SlideServe
481 viewsJul 31, 2014
slideserve.com
As part of the gold-exchange system established through the Bretton Woods system:Multiple choice question:- Trade was conducted as though there was a virtual gold standard.- The World Bank was established to regulate currencies.- An exact fixed dollar price was established for participating currencies.- Countries held most of their reserves in the form of a currency of a particular country and that country is on a gold standard.
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