What was the result of the Bretton Woods Conference?

Question

A.
the creation of a flexible exchange-rate system for the United States and much of Western Europe

B.
the creation of the euro

C.
the creation of NAFTA

D.
the creation of a fixed exchange-rate system for the United States and much of Western Europe

Answer 1

The result of the Bretton Woods Conference was:

D. the creation of a fixed exchange-rate system for the United States and much of Western Europe.

The conference, held in 1944, established a framework for international monetary cooperation that included fixed exchange rates tied to the U.S. dollar, which itself was convertible to gold.