What policies did the bretton woods system establish

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Question 1: What policies did the Bretton Woods system establish, and how have those policies changed?

Question 2: What are the 2 options states have to resolve a balance of payments disequilibrium? How are these two solutions substantively different (i.e. what are the costs of each), and which do states prefer?

Question 3: How did the petrodollar recycling problem challenge the IMF regime? Be sure to include both the demand and supply side explanations in your answer.

Question 4: What is the principle which was Cohen argues was retained before and after the petrodollar era which leads him to argue that the process was an instance of "norm governed change", and what does he mean when he says the IMF came to represent a "Seal of Approval"?

Reference no: EM133314949

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