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Title: The agreements that were reached at the Bretton Woods conference in 1944 established a system Post by: lizsmith on Apr 29, 2019 The agreements that were reached at the Bretton Woods conference in 1944 established a system ▸ in which the values of currencies were fixed in terms of a specific number of ounces of gold, which in turn determined their values in international trading. ▸ of floating exchange rates determined by the supply and demand of one nation's currency relative to the currency of other nations. ▸ of essentially fixed exchange rates under which each country agreed to intervene in the foreign exchange market when necessary to maintain the agreed-upon value of its currency. ▸ that prohibited governments from intervening in the foreign exchange markets. Title: The agreements that were reached at the Bretton Woods conference in 1944 established a system Post by: kwashington67 on Apr 29, 2019 Content hidden
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