The Post-World War II Arrangements Reached by the Allies at Bretton

Multiple Choice

The post-World War II arrangements reached by the Allies at Bretton Woods steadily eroded in the late 1960s and effectively ended in 1971,when the United States:

A) refused to endorse the establishment of the World Bank.
B) defaulted on a loan it had guaranteed through the International Monetary Fund.
C) withdrew from membership in NATO following France's lead.
D) withdrew its support for the financial policies of the G-7 countries.
E) abandoned the postwar gold standard and allowed the dollar to range freely.