answersLogoWhite

0


Best Answer

The Bretton Woods agreement created fixed exchange rates between countries based on the value of each country's currency in relation to gold or indirectly in relation to gold by relating their currency to the U.S. dollar.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What did the Bretton Woods agreement create?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What was bretton woods?

Bretton woods is a skiing and snowboarding resort in the White Mountains of New Hampshire


What service does the company Bretton provide?

Bretton Woods Telphone Company provides telephone service. Bretton Woods Telephone Company provides this telephone service to people living in Bretton Woodsn New Hampshire.


Following the end of World War 2 which agreement was signed by the leading economic powers of the world?

The General Agreement on Tariffs and Trade (GATT), signed in 1947, was the first major economic agreement signed entirely after the end of WWII. The origins of GATT were laid in the Bretton Woods Agreement signed in July of 1944. The Bretton Woods Agreement also led to the establishment of the World Bank and the IMF after the war. See links below.


Where is bretton woods?

Bretton Woods is a recreational area that is located in Carroll, New Hampshire. It is surrounded by the White Mountain National Forest.


Objectives of the Bretton Woods system?

The objectives of the Bretton Woods system are to achieve exchange rate stability and promote international trade and development.


What did the US agree to as a result of the Bretton Woods agreement?

The United States in turn guaranteed that the dollar could be exchanged for gold at a fixed exchange rate.


Where the bretton woods conference were held?

createded a fixed exchange rate system betwen the united states and most europe


What were the major issues that could have prevented the creation of the European Union?

Success of Germany in Second World War;Non-Existence of the Warsaw Pact;Survival of Bretton Woods Agreement.


When was the Bretton Woods Conference?

it was held July 1-22,1944


What is the connection between ISI and the Bretton Woods system?

The Bretton Woods system was an agreement between the major industrial states of the 20th century and was one of the first fully negotiated monetary orders for governing relations between independent states.?æImport substitution industrialization is a policy that advocates for replacing foreign imports with internal domestic production.?æ


What was The Bretton Woods System?

The Bretton Woods Conference, officially known as the United Nations Monetary and Financial Conference, was a gathering of delegates from 44 nations that met from July 1 to 22, 1944 in Bretton Woods, New Hampshire, to agree upon a series of new rules for the post-WWII international monetary system.


Who are the Bretton Woods sisters?

Edwin M. Truman. Senior Fellow.