What was one of the accomplishments of the 1944 Bretton Woods Conference? NZ Herald Quiz Afternoon Answers Today
What was one of the accomplishments of the 1944 Bretton Woods Conference? The correct answer is Formation of International Monetary Fund
by J Nandhini
Updated Nov 06, 2023
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What was one of the accomplishments of the 1944 Bretton Woods Conference?
The Correct answer is Formation of International Monetary Fund
One of the key accomplishments of the 1944 Bretton Woods Conference was the establishment of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which is now part of the World Bank Group. These institutions were created to promote international monetary cooperation, stabilize exchange rates, and provide financial assistance for post-war reconstruction and development efforts. The conference aimed to establish a framework for economic stability and cooperation in the aftermath of World War II.
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What was one of the accomplishments of the 1944 Bretton Woods Conference? - FAQ
1. What was one of the accomplishments of the 1944 Bretton Woods Conference?
The Correct answer is Formation of International Monetary Fund
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