Under the Bretton Woods system,the organization assigned the task of making loans to countries that were experiencing balance of payments difficulties is known as the

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The International Monetary Fund (IMF) was established under the Bretton Woods system to make loans to member countries experiencing balance of payments difficulties. The World Bank and International Development Association (IDA) are also Bretton Woods institutions, but their focus is on providing development assistance and financing projects in developing countries. The Federal Reserve System is the central banking system of the United States and is not related to the Bretton Woods system.

Under the Bretton Woods System,the Organization Assigned the Task of Making