All Countries Were to Fix the Value of Their Currency

question 19

Multiple Choice

All countries were to fix the value of their currency in terms of gold but were not required to exchange their currencies for gold, according to the 1944

• A) Bretton Woods agreement.
• B) Washington Consensus.
• C) World Bank treaty.
• D) Group of Five treaty.
• E) United Nations agreement.

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Definitions:

Business Market

A market where goods and services are sold by one business to another for use in production, resale, or general business operations.

1971

This is not a key term in the context of a definition.

Mechanical Calculator

A device used to perform automatic mathematical operations, developed before the advent of electronic calculators.

Astronomical Tables

Charts or tables that present the positions of celestial bodies at various times, used for navigation, astrology, and astronomy.