Which of the following organisations or systems drew up a relationship between gold and the US dollar?

World Bank

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Bretton Wood System

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

International Monetary Fund

No worries! We‘ve got your back. Try BYJU‘S free classes today!

World Trade Organisation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Bretton Wood System
The Bretton Woods System worked on fixed exchange rates. It established a relationship between the US dollar and gold at a fixed price of 35 dollars per ounce of gold. It required other currencies of the world to be pegged to the dollar at a fixed exchange rate.

Suggest Corrections

Similar questions

Q. Which of the following organisations or systems drew up a relationship between gold and the US dollar?

Q. Explain, using example ,the relationship between the organisation MIS and the other functional information system in ans organisation . Describe how AIS receives and provides information to other functional MIS.

Explain, using examples, the relationship between the organisational MIS and the other functional information system in an organisation. Describe how AIS receives and provides information to other functional MIS.

Q. Which of the following organisation has offered

1.5$ billion dollar for Swachh Bharat Mission?

Which of the following acts as a tool to organise and study the vast diversity of all life forms and allows us to understand the relationships amongst them?

Join BYJU'S Learning Program