What caused collapse of fixed exchange rate in Bretton Woods system?
Bretton Woods system में fixed exchange rate collapse होने का कारण क्या था?
Show answer and explanation
Correct Answer
A. Dollar-gold convertibility खत्म होना / End of dollar-gold convertibility
Explanation
Step 1: Identify the concept: this is monetary change. Step 2: In the 1970s end of dollar-gold link weakened fixed exchange rate system. Step 3: Remember Bretton Woods end with dollar-gold link.
Step 1: concept पहचानें: यह monetary change है। Step 2: 1970s में dollar-gold link टूटने से fixed exchange rate system कमजोर हुआ। Step 3: Bretton Woods end को dollar-gold link से याद रखें।