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Put the following in correct date order:

a) Jamaica Agreement, Bretton Woods Agreement, Smithsonian Agreement.
b) Bretton Woods Agreement, Smithsonian Agreement, Jamaica Agreement.
c) Smithsonian Agreement, Bretton Woods Agreement, Jamaica Agreement.
d) Bretton Woods Agreement, Jamaica Agreement, Smithsonian Agreement.

User Nugi
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1 Answer

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Final answer:

The correct chronological order is the Bretton Woods Agreement in 1944, followed by the Smithsonian Agreement in 1971, and the Jamaica Agreement in 1976, making option b the right answer.

Step-by-step explanation:

Correctly putting the agreements in chronological order, the sequence would be Bretton Woods Agreement, Smithsonian Agreement, and then the Jamaica Agreement. The Bretton Woods Agreement was signed in 1944, during World War II, by 44 countries to establish rules for commercial and financial relations among the world's major industrial states. This was followed by the Smithsonian Agreement in 1971, which adjusted the fixed exchange rates established at Bretton Woods. Finally, the Jamaica Agreement came in 1976, adjusting the international monetary system further after the collapse of the fixed exchange rate system.

The correct answer to the question given would therefore be b) Bretton Woods Agreement, Smithsonian Agreement, Jamaica Agreement.

User OldWest
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