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2 years ago

The monetary arrangements made at bretton woods resulted in what type of exchange rates assigned to member nations’ currencies?

1 answer:

3 0

The monetary arrangements made at bretton woods resulted in <u>fixed </u>exchange rates assigned to member nations’ currencies.

<h3>What is fixed exchange rate?</h3>

Fixed exchange rate can be defined as the way in which currency does not varies but it is fixed.

When an exchange rate is fixed this means that the currency of a nation or country is fixed to another country currency and does not fluctuate or vary.

Therefore the monetary arrangements made at bretton woods resulted in <u>fixed </u>exchange rates assigned to member nations’ currencies.

Learn more about fixed exchange rate here:brainly.com/question/11160294

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Explanation:

The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:

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3 years ago

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Explanation:

The effects are as follows:

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b. In the second option, there is No effect in any item of the financial statements

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3 years ago

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