Question

The Triffin paradox warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run. was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s. was first proposed by Professor Robert Triffin. all of the options

Answer 1

All of the options.

Step-by-step explanation:

Professor Robert Baron Triffin was born on the 5th of October, 1911 in Flobecq, Belgium. He was a Belgian-American economist who became famous for his criticism of the Bretton Woods system of fixed currency exchange rates when he appeared and testified before the US Congress in 1959.

The Triffin paradox:

1. Warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run.

2. Was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.

3. Was first proposed by Professor Robert Triffin.