In the Bretton Woods system, countries with balance of payments _____ could be forced to correct these imbalances but countries with _____ could not be forced to correct these imbalances.

Question

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In the Bretton Woods system, countries experiencing balance of payments deficits were often required to take corrective measures to balance their international accounts, such as devaluing their currencies or improving their trade balance. However, countries with balance of payments surpluses faced no formal obligation to adjust their policies to correct these imbalances, leading to asymmetrical pressures on deficit versus surplus countries.

In the Bretton Woods System, Countries with Balance of Payments