1. The Bretton Woods agreement near the end of World War II became an effective tool for reworking a shattered world economy.

2. Under the Bretton Woods agreement, all countries were to fix the value of their currency in terms of gold but were not required to exchange their currencies for gold.

3. A new Bretton Woods agreement will depend a good deal on the choices of the international community.

4. Under the Bretton Woods agreement, most countries around the world had currencies that were fixed to the US dollar.

5. The most important , signed in 1944 , is called the Bretton Woods Agreement.