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An exchange rate system was implemented after World War II. This system was accepted on the basis of which declaration?

1. Bretton Woods
2. Marrakesh Agreement
3. International Finance Agreement
4. Foreign Account Tax Compliance

Correct answer: Bretton Woods

Solution

The post-World War II exchange rate system refers to the Bretton Woods system. It was established at the Bretton Woods Conference and formed the basis of the international monetary order.

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