One Problem with the Bretton Woods System Was That

Multiple Choice

One problem with the Bretton Woods System was that:

A) the total number of United States (US) dollar reserves held by central banks was greater than US gold reserves.
B) some countries with overvalued currencies refused to devalue them.
C) in the early days of the system, many currencies were undervalued versus the US dollar.
D) gold discoveries caused worldwide inflation.