The Triffin paradox
A)was first proposed by Professor Robert Triffin.
B)warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run.
C)was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.
D)all of the options

Question

Quizplus · Accepted Answer

The Triffin paradox was first proposed by Professor Robert Triffin and warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run. It was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s. Therefore, option D is correct as it includes all the options given in the question.

The Triffin Paradox