The international monetary system went through several distinct stages of evolution. These stages are summarized, in alphabetic order, as follows: ()- Bimetallism (ii). Bretton Woods system (in)- Classical gold standard (iv). Flexible exchange rate regime (V)- Interwar period The chronological order that they actually occurred is (iii), (iv), (ii), and (v) O.(1). (). (1), and (iv) (vi). (1). (1). (1), and (v) (1). (1), 6). (1), and (iv)