The Bretton Wood System
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The International Monitary System
In the end, several major agreements were signed that outlined the new international monetary order. Instead of an international currency used between countries, the decision was made to just use the us. Dollar as the international reserve currency. The dollar would then be backed by gold at a set price of 35 dollars an ounce this was by far the biggest thing to come out of breton woods. Underlying all of the breton woods agreements was the desire to facilitate free and open trade around the world.
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