Which of the Following Statements Is True of the Bretton

question 7

Multiple Choice

Which of the following statements is true of the Bretton Woods agreement?

• A) All countries agreed to fix the value of their currency in terms of gold under the agreement.
• B) The system accepted the British pound as the official reference currency against gold.
• C) The agreement established a floating system of monetary exchange.
• D) Two multinational institutions, the World Economic Forum and WTO, were formed under the agreement.