Multiple Choice
The 1944 Bretton Woods agreement fell apart because of which of the following reasons:
A) Governments routinely devalued their currencies against the dollar
B) The US government could not continue to exchange gold at $35 per ounze
C) The over-valued dollar made it difficult for US firms to export
D) All are reasons why Bretton Woods failed
Correct Answer:
Verified
Correct Answer:
Verified
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