Why Did the Bretton Woods System Succeed

question 57

Multiple Choice

Why did the Bretton Woods System succeed?

• A)Fixing all currencies to the unchanging gold standard caused economic prosperity for all of the major countries.
• B)The World Trade Organization facilitated cooperation by providing monetary support during crises.
• C)The economic,political,and military interests of Western nations coincided.
• D)The monetary system received support from both of the superpowers,the United States and the Soviet Union.
• E)The system did not require any major sacrifices from Great Britain,which was its main supporter.