Breton Woods Standards were found to be inadequate mainly because

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06-03-2021
Business

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Breton Woods Standards were found to be inadequate mainly because

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khawaynegordon13 khawaynegordon13 · Answer 1 · 2021-03-06T20:25:22-05:00

khawaynegordon13 khawaynegordon13

06-03-2021

Answer:

A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.

Explanation:

The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.

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