De Gaulle pushed Nixon to close the gold window at the Treasury, and this one action moved the IMF toward a floating exchange rate system.

Question

Quizplus · Accepted Answer

It was President Nixon's decision, not influenced by De Gaulle, to close the gold window in 1971 that led to the shift towards a floating exchange rate system, as countries could no longer exchange dollars for gold, effectively ending the Bretton Woods system.

De Gaulle Pushed Nixon to Close the Gold Window at the Treasury