Option 4: (B), (D), (C), (A) -> The chronological sequence is: Gold standard system (B) emerged in the late 19th century and dominated until the 1930s. The Bretton Woods conference (D) was held in 1944, establishing a new international monetary system with the US dollar pegged to gold. Special Drawing Rights (SDR) (C) were created by the IMF in 1969 as an international reserve asset to supplement gold and address liquidity issues. The Smithsonian Agreement (A) came in December 1971 after the collapse of Bretton Woods, attempting to salvage the fixed exchange rate system. This represents the evolution of international monetary systems from gold-backed to more flexible arrangements. -> correct
Chronologically arrange the following in sequence: (A) Smithsonian Agreement. (B) Gold standard system of exchange. (C) Gold was replaced by creating…
CUET UG 2025 — Economics Macro
Chronologically arrange the following in sequence:
(A) Smithsonian Agreement.
(B) Gold standard system of exchange.
(C) Gold was replaced by creating the Special Drawing Rights (SDR).
(D) Bretton woods conference.
Choose the correct answer from the options given below:
Held on 3 Jun 2025 · Verified 13 Jul 2026.
Options
- A
(B), (C), (A), (D)
- B
(A), (B), (C), (D)
- C
(B), (A), (D), (C)
- D
(B), (D), (C), (A)
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