Kyle L. answered • 08/02/25
Tutor
New to Wyzant
Hello, thank you for taking the time to post your question!
The answer to this question is No, capital account payments were not allowed to go across borders freely under Bretton Woods. The reasoning is because they were trying to provide stability in international exchange rates and to allow countries to prioritize their domestic policy goals.
I hope that helps get you moving in the right direction! Feel free to reach out if you still have questions beyond that :)
