Bretton Woods Agreement

 

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Bretton Woods Agreement

An agreement signed by the original United Nations members in 1944 that established the International Monetary Fund (IMF) and the post-World War II international monetary system of fixed International Monetary Fund (IMF.

Bretton Woods Agreement

An agreement made in Bretton Woods, USA in 1944 which established a post war fixed currency rate between countries and subsequently the International Monetary Fund (IMF). The fixed exchange rate functioned until the early 1970's when it was replaced by a floating exchange rate.



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