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The establishment of a sound international financial strategy implies anticipating the effects of announcements and measures taken by central banks, carried out in the same way by national governments and international bodies. For example, they could take action if foreign direct investment destabilizes their economies. They were also able to adjust their monetary values to rebuild them after a war. The Bretton Woods system gave nations more flexibility than strict adherence to the gold standard. It also offered less volatility than a monetary system without standards. A member state has always retained the possibility of changing the value of its currency if necessary to correct a “fundamental imbalance” in its current account. The architects of Bretton Woods had designed a system in which exchange rate stability was a priority. .