The International Monetary Fund was originally established by the U.S.government to assist U.S.multinational corporations to expand to Europe after World War II.

Question

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The International Monetary Fund was created in 1944 by representatives of 44 countries who gathered in Bretton Woods, New Hampshire. Its primary purpose was to promote international monetary cooperation and to facilitate international trade after World War II. While it did assist in the post-war reconstruction efforts of many countries, its main aim was not to help U.S. multinational corporations expand to Europe.

The International Monetary Fund Was Originally Established by the U