Why did the bretton wood system collapse? the u.s. supply of gold and dollars could no longer support it the imf had exhausted all its funds trying to support it president nixon was globally unpopular the smithsonian conference failed to save it?

Question

26-04-2019
History

contestada

Why did the bretton wood system collapse? the u.s. supply of gold and dollars could no longer support it the imf had exhausted all its funds trying to support it president nixon was globally unpopular the smithsonian conference failed to save it?

Respuesta :

Otras preguntas

what were many of the first Europeans explorers who arrived in the Americas interested in doing? a. finding new trade routes to Asia b. selling African slaves

Researchers believe our experience of touch is much like a primal language, learned before writing and speech. Some researchers have identified the important r

Select the correct answer. Which aspect is least likely to be a typical organizational goal for a food industry company? A. profit B. efficiency C. loss D.

Name one other cell structure you would see in a prokaryotic cell if you used an electron microscope to view the cell.

Describe how the three major types of grasslands differ in their climate and vegetation. Why have many of the world’s temperate grasslands disappeared ?

The angular quantities: angular displacement, angular velocity, angular acceleration, are defined in a very similar way to the linear quantities. The angular di

If $3,500 is invested at an interest rate of 6.25% per year compounded continuously, find the value of the investment after (a) 3 years, (b) 6 years, and (c) 9

Carlos Company had beginning inventory of $80,000, ending inventory of $110,000, cost of goods sold of $285,000, and sales revenue of $475,000. Carlos’s days in

Dr. Jackson argues that human beings have basic growth tendencies genetically wired into them. Dr. Albright believes that humans are basically shaped by their e

An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laboratory is said to have potential uses in electricity-generating solar cells. The new

breezy0437 breezy0437 · Answer 1 · 2019-04-26T14:26:30+02:00

Answer:

The Bretton Woods Agreement, negotiated in July 1944, established a new international monetary system. It was developed by delegates from 44 countries at the United Nations Monetary and Financial Conference held that month in Bretton Woods, N.H. Under the agreement, other currencies were pegged to the value of the U.S. dollar, which, in turn, was pegged to the price of gold. The Bretton Woods system effectively came to an end in the early 1970s, when President Richard M. Nixon announced that the U.S. would no longer exchange gold for U.S. currency.

Explanation: