The Bretton Woods Arrangement

Multiple Choice

The Bretton Woods arrangement

A) fixed the value of the U.S. dollar relative to gold.
B) fixed the value of the U.S. dollar relative to the Euro.
C) required foreign central banks to hold certain minimum amounts of gold as foreign exchange reserves.
D) required that member nations, other than the United States, to disband their central banks.
E) required that conditions specifying permissible policy actions be placed on member countries.