Which of the following did NOT lead to the collapse of Bretton Woods?
A) ample supplies of gold
B) collapse of capital controls
C) the Vietnam War
D) unwillingness to peg to the U.S. dollar

Question

Quizplus · Accepted Answer

Ample supplies of gold actually helped to support Bretton Woods, as the system was based on fixed exchange rates with gold serving as the underlying anchor. The collapse of Bretton Woods was due to the other factors listed, including the collapse of capital controls, the cost of the Vietnam War, and the unwillingness of other countries to continue pegging their currencies to the U.S. dollar at the fixed rate established by Bretton Woods.

Which of the Following Did NOT Lead to the Collapse