What is meant by the Bretton Woods (W) Agreement? Explain. Key concept \( \rightarrow \) Bretten...
Channel:
Subscribers:
445,000
Published on ● Video Link: https://www.youtube.com/watch?v=7KT2B7-PGBc
1What is meant by the Bretton Woods
(W) Agreement? Explain.
Key concept \( \rightarrow \) Bretten Woods Agreement
The Bretten woods Agreement established a system through which a. fixed currency exchange rate could be created using gold as the universal standard. The agrecment involved representatives from 44 nations and brought about the creation of the Internation -al Monetary Fund (IMF) and the World Bank.
ЁЯУ▓PW App Link - https://bit.ly/YTAI_PWAP
ЁЯМРPW Website - https://www.pw.live