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Why Did the Bretton Woods System Succeed

Question 57

Multiple Choice

Why did the Bretton Woods System succeed?


A) Fixing all currencies to the unchanging gold standard caused economic prosperity for all of the major countries.
B) The World Trade Organization facilitated cooperation by providing monetary support during crises.
C) The economic,political,and military interests of Western nations coincided.
D) The monetary system received support from both of the superpowers,the United States and the Soviet Union.
E) The system did not require any major sacrifices from Great Britain,which was its main supporter.

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