Under the Bretton Woods pegged exchange rate regime governments were sometimes reluctant to devalue, even when a deficit was fundamental. Why?

Name: Under the Bretton Woods pegged exchange rate regime governments were sometimes reluctant to devalue, even when a deficit was fundamental. Why?
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The Answer of Under the Bretton Woods pegged exchange rate regime governments were sometimes reluctant to devalue, even when a deficit was fundamental. Why?

Under the Bretton Woods Pegged Exchange Rate Regime Governments Were