Winters are fairly cold in the desert. The average highest temperature is in the upper 50s Fahrenheit. The average lowest temperature is near 30 degrees Fahrenheit (though it can drop down to about 5 or 10 degrees). Elevations range from 2,310 to 3,110 feet.
A landmark system for monetary and exchange rate management established in 1944. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944.
Technically speaking, the World Trade Organization was established on the first day of January year 1995 after the Marrakesh Agreement was introduced. However, the activities of this association have been present since the General Agreement on Tariffs and Trade was implemented in 1947 after the Second World War.