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A potential downfall of the Bretton Woods system was that it would not work if Multiple Choice the currency of choice, the U.S. dollar, was
A potential downfall of the Bretton Woods system was that it would not work if
Multiple Choice
the currency of choice, the U.S. dollar, was under speculative attack.
only one form of currency was used as the basis for exchange.
gold was valued higher than the dollar.
at least ten nations failed to agree to the system.
services were not included in the agreement.
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