According to the Bretton Woods System,which of the Following Statements

question 27

Multiple Choice

According to the Bretton Woods system,which of the following statements is true?

• A) All currencies were required to be gold convertible.
• B) Gold was used as the common denominator for all currencies.
• C) The exchange rate of the dollar was allowed to unilaterally change.
• D) Only the US dollar was convertible to gold.

---

Definitions:

Division Operation

A mathematical operation that involves dividing one quantity by another to calculate the quotient.

Adjacent Ranges

In spreadsheets, two or more cell ranges that are next to each other, sharing a boundary or corner.

Numeric Data

Information represented in numbers, used for calculations, measurements, and statistical analysis.

Point Mode

In computer graphics, a method of selecting or specifying individual points on a screen.