What was the Bretton Woods system?

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Post-war military system

Post-war political system

Post-war international economic system

None of these

answer is C.

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Detailed Solution

The Bretton Woods system was connected to the post-war international economic system. Under the system, countries promised that their major banks would keep the transaction prices between their currencies and the dollar constant. The Bretton Woods financial management system established rules for trade and financial relations between the United States, Canada, Western European countries, Australia, and Japan following the 1944 Bretton Woods Agreement.

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