An aspect of the Bretton Woods agreement was a commitment not to use:

QUESTION

An aspect of the Bretton Woods agreement was a commitment not to use:

A. the system of fixed exchange rates.

B. devaluation as a weapon of competitive trade policy.

C. gold as a measure to fix the value of currencies.

D. funds from the International Monetary Fund and the World Bank.

E. the U.S. dollar as a reference currency.

ANSWER

B