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The Bretton woods system :

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a

Forest regulatory system

b

Agricultural revenue

c

Controls the value of money

d

All of the above

answer is C.

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Detailed Solution

The Bretton woods system controls the value of money. It is an agreement signed in 1944 for the global monetary system. The Bretton Woods agreement’s main objective was to establish a plan to resolve the battle between domestic autonomy and international stability. It replaced the old gold standard with the U.S. dollar as a global currency standard for the world. The agreement featured two big powers of the world, the United States and Britain. This agreement also gave birth to institutions like the Monetary Fund, The World Bank, and the World Trade Organisation.

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