____ is an international organization that was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements.
A) Bretton Woods System
B) World Bank
C) International Monetary Fund
D) Grameen Bank

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) was established in 1944 after the Bretton Woods conference to promote international monetary cooperation, exchange stability, and orderly exchange arrangements. The World Bank, on the other hand, was also established at Bretton Woods to provide loans to developing countries for infrastructure projects. The Grameen Bank is a microfinance organization founded in Bangladesh by Muhammad Yunus to provide small loans to impoverished individuals. The International Monetary Fund (IMF) was established in 1944 at the Bretton Woods Conference as an international organization to promote international monetary cooperation, exchange stability, and orderly exchange arrangements. The World Bank (B) was also established at the same conference, but its primary focus is on providing loans and grants for development projects in developing countries. The Bretton Woods System (A) was a monetary system that existed from 1944 to 1971 and was based on fixed exchange rates. The Grameen Bank (D) is a microfinance organization in Bangladesh that provides small loans to the poor.

____ Is an International Organization That Was Established to Promote