The Bretton Woods System called for:
A. The IMF to promote development
B. Floating exchange rates against the Japanese Yen
C. Fixed exchange rates against the US Dollar
D. Floating exchange rates against US Dollar
Answer: Option C
Solution(By Examveda Team)
The Bretton Woods System called for fixed exchange rates against the US Dollar. The Bretton Woods agreement was created in a 1944 conference of all of the World War II Allied nations.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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