The correct answer is Option (2) → (D), (B), (A), (C)
Here's the breakdown:
(D) Gold Standard: This was a monetary system where the value of a currency was directly linked to gold. It was the dominant international monetary system for much of the 19th and early 20th centuries.
(B) Bretton Woods Conference: This conference, held in 1944, established the International Monetary Fund (IMF) and the World Bank and instituted a new international monetary system based on fixed exchange rates.
(A) Smithsonian Agreement: This agreement in 1971 attempted to realign fixed exchange rates within the Bretton Woods system but ultimately led to its collapse and a shift towards a floating exchange rate system.
(C) Establishment of WTO (World Trade Organization): The WTO was formally established in 1995 as the successor to the General Agreement on Tariffs and Trade (GATT), which had been in place since 1948.
****** | 
