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The Bretton Woods Agreement was negotiated in______: July 1944
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The Bretton Woods Agreement was negotiated from______ countries: 44
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The Bretton Woods Agreement was negotiated at______: United Nations Monetary and Financial Conference
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United Nations Monetary and Financial Conference was held in______: Bretton Woods (New Hampshire)
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The Bretton Woods System effectively came to an end in______: Early 1970s
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Who announced that the U.S. would no longer exchange gold for U.S. currency? President Richard M. Nixon
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How many delegates met in Bretton Woods in July 1944? Approximately 730
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The Bretton Woods Agreement also created two important organizations which are______: The International Monetary Fund (IMF) and the World Bank
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The primary designers of the Bretton Woods System were______: The British economist John Maynard Keynes and American Chief International Economist of the U.S. Treasury Department Harry Dexter White
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The Bretton Woods Agreement and System created a collective international currency exchange regime that lasted from______: Mid-1940s to the early 1970s
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The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of______: Gold
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All of the countries in the Bretton Woods System agreed to a fixed peg against the U.S. dollar with diversions of only______ allowed: 1%
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The Bretton Woods Agreement created two Bretton Woods Institution______: IMF and World Bank
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The purpose of the IMF was______: To monitor exchange rates and identify nations that needed global monetary support
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The World Bank, initially called the International Bank for Reconstruction and Development, was established to______: Manage funds available for providing assistance to countries that had been physically and financially devastated by World War II