Approximately how many financial crises have occurred in the world since the demise of the Bretton Woods system?
a. 7
b. 34
c. 71
d. 147
Question 2
Which of the following is NOT a reason that the states involved in Bretton Woods were able to come to such a farreaching level of agreement?
a. There were only a few states involved, making agreement easier.
b. The states involved shared a common currency and domestic economic strategy.
c. The United States and Britain were able to compromise between their contrasting ideologies.
d. The United States was willing to assume the burden of hegemonic leadership.