What Did the Classical Gold Standard Era and the Bretton

question 70

Multiple Choice

What did the classical gold standard era and the Bretton Woods System have in common?

• A)They shared the flexibility to adjust exchange rates when currency crises occurred.
• B)The world's major powers cooperated in maintaining the system.
• C)In both cases a major power (the United States and Soviet Union,respectively)opted out of the system.
• D)Both were created in response to devastating wars.

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