The Bretton Woods System Worked Fairly Well for a Number

question 191

Multiple Choice

The Bretton Woods system worked fairly well for a number of years, but it finally broke down over

• A)lack of agreement on how to settle the problems of the surplus nations.
• B)its inability to devalue the U.S.dollar.
• C)the huge debts of the IMF to less-developed countries.
• D)the controversies generated by surplus nations wanting to devalue their currencies.

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