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

Question

Quizplus · Accepted Answer

The Bretton Woods system ultimately failed due to a combination of factors: governments manipulating their currency values, the US's inability to maintain the gold exchange rate, and the overvaluation of the dollar impacting exports. These interconnected issues led to the collapse of the agreement.

The 1944 Bretton Woods Agreement Fell Apart Because of Which