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In What Way Did the Bretton Woods System Differ from the Globalization

Question 82

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In what way did the Bretton Woods System differ from the globalization of the Pax Britannica?


A) It did not feature multilateral institutions,but instead relied only on bilateral deals.
B) It was combined with domestic welfare programs that cushioned the impact of global competition.
C) It dealt exclusively with trade rules and did not address the treatment of investment flows.
D) It was designed to incorporate the interests of developing countries.

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