Which of the Following Resulted in the Abandoning of the Bretton

question 17

Multiple Choice

Which of the following resulted in the abandoning of the Bretton Woods system in the 1970s? 

• A) The inflation rates in the United States and other developed counties were low. 
• B) The United States was not running a trade deficit. 
• C) The dollar became inconvertible into gold. 
• D) Most countries wanted to return to the gold standard system.

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