The _____ and the _____ were created to bolster financial and monetary relations under the Bretton Woods system.

Question

Quizplus · Accepted Answer

The World Bank and the International Monetary Fund (IMF) were both created in 1944 under the Bretton Woods system to promote financial stability and monetary cooperation among member countries. The Liberal International Economic Order was a term used to describe the post-World War II economic system that was based on free trade and reduced trade barriers. GATT (General Agreement on Tariffs and Trade) was a multilateral agreement on trade that preceded the World Trade Organization (WTO). Therefore, choices A and B are incorrect. The WTO was not created under the Bretton Woods system, so choice D is also incorrect.

The _____ and the _____ Were Created to Bolster Financial

The _ and the _ Were Created to Bolster Financial