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The Bretton Woods System Collapsed Because _____

Question 153

Multiple Choice

The Bretton Woods system collapsed because _____


A) the world economy was unhealthy.
B) the collapse of world gold production undermined the operation of the system.
C) the U.S. dollar was undervalued.
D) the U.S. dollar was overvalued.
E) the ten richest countries in the world refused to cooperate.

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