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aivan3 [116]
2 years ago
8

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

Business
1 answer:
Kay [80]2 years ago
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

#SPJ12

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