Question

What are the factor responsible for the collapse of Breeton Woods System?​

Answer 1

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An important factor to cause the collapse of the Bretton Woods System was the domestic inflation in the United States particularly after the escalation of Vietnam War from 1965. ... All these developments eventually resulted in the United States declaring on August 15, 1971 the inconvertibility of dollar into gold.

Answer 2

Answer:

A key reason of ' Breeton wood collapse' was an Inflationary monetary policy that was inappropriate for the key currency country of the system . The Breeton wood system was based on rules , the most important for which was to follow monetary at fascal policies consistence with the official peg.

Explanation:

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