Definitions for "Bretton Woods Agreement"
1944 agreement which established the International Monetary Fund and the World Bank.
An agreement in effect from 1945 to 1972, under which exchange rates of the major currencies were fixed, and moved in lockstep. After the agreement collapsed in 1972, currencies began to trade at fluctuating levels.
An agreement signed by the major trading countries following WWII, which returned the world economy to a type of gold standard.
Bridge financing British clearers