1. The basis for the Bretton Woods international monetary system wasA. a freely flexible system of exchange rates.B. an adjustable peg system of exchange rates.C. a completely fixed system of exchange...

1. The basis for the Bretton Woods international monetary system wasA. a freely flexible system of exchange rates.B. an adjustable peg system of exchange rates.C. a completely fixed system of exchange rates.D. the gold standard.3. The Bretton Woods system of exchange rates relied onA. fixed or pegged exchange rates, with occasional orderly adjustments to the rates.B. freely floating exchange rates.C. the United States to set and periodically review worldwide exchange rates.D. fixed exchange rates with no mechanism for changing them.