Question

The Bretton Woods system allowed governments to sell __________ to the United States Treasury at a fixed price.

A. goldB. bondsC. silverD. currency

Answer 1

a

Step-by-step explanation:

Answer 2

The correct option is A

Step-by-step explanation:

In 1944 a new international monetary system was introduced by the Bretton Woods Agreement. Forty four UN countries present at the UN Monetary and Financial Conference that took place in New Hampshire developed this system. Under this system, the basis for the United States was gold and this saw the currencies of other countries pegged to the value of the United States dollar.