Which of the Following Did Not Occur Under the Bretton

Multiple Choice

Which of the following did not occur under the Bretton Woods Agreement?

A) Each currency was valued in terms of gold.
B) Values of all currencies were fixed with respect to each other.
C) Currencies were allowed to fluctuate no more than 1 percent above or below the initially set rates.
D) The United States experienced no balance-of-trade deficits.