Which of the following was NOT a problem of the Bretton Woods system?

Question

Quizplus · Accepted Answer

The Bretton Woods system's problems included a lack of a real adjustment mechanism, destabilizing speculation, and defects in the liquidity creation mechanism. However, the issue of the U.S. dollar being overvalued is not typically cited as a problem of the Bretton Woods system. The system actually relied on fixed exchange rates, with the U.S. dollar's value tied to gold, which helped stabilize international currencies rather than causing the dollar to be overvalued.

Which of the Following Was NOT a Problem of the Bretton