Question

why did the Bretton woods system come in to being. what are their benefitand why the Bretton wood system failed?​

Answer 1

Answer:

A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system. The Bretton Woods system was based on rules, the most important of which was to follow monetary and fiscal policies consistent with the official peg.

Explanation:

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