question 21 (1 point)\nwhat international monetary system did the dollar standard replace?\na) pound…

question 21 (1 point)\nwhat international monetary system did the dollar standard replace?\na) pound standard\nb) gold standard\nc) currency basket standard\nd) ruble standard

question 21 (1 point)\nwhat international monetary system did the dollar standard replace?\na) pound standard\nb) gold standard\nc) currency basket standard\nd) ruble standard

Answer

Brief Explanations:

The gold standard was a monetary system where a country's currency or paper money had a value directly linked to gold. After World War II, the Bretton Woods system was established, which was a dollar - based international monetary system. Under this system, the U.S. dollar was pegged to gold (at $35 per ounce), and other currencies were pegged to the U.S. dollar. In essence, the dollar took on a central role similar to what gold had in the previous gold - standard system.

Answer:

B. gold standard