Bretton woods agreement was held in

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1944

1945

1946

1948

answer is A.

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Detailed Solution

Bretton woods agreement was held in 1944. Representatives from 44 countries convened in New Hampshire in 1944 to develop a new postwar international touchstone. This technique advocated for the implementation of a gold-and-foreign-currency-based exchange commonplace. The reserve currency country would attempt to run a balance of payments (BOPs) deficit to produce reserves underneath this technique. The reserve currency would be in peril if the deficits clothed to be huge. The Triffin contradiction may be a term accustomed to describe this example. The aim was to assist in reconstructing the broken postwar economy (World War II had resulted in 1945) and foster international economic cooperation.

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