Which of the following organizations emerged from the Bretton Woods agreement of 1944, where a group of international leaders decided that the primary responsibility for the regulation of monetary relationships among national economies should rest in an extra-national body?
A)International Monetary Fund
B)United Nations
C)World Trade Organization
D)North American Free Trade Act
E)European Union

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) was created as a result of the Bretton Woods agreement in 1944. Its primary responsibility is to oversee the international monetary system and provide member countries with policy advice, financial assistance, and technical assistance. The other organizations listed were created at different times and for different purposes.

Which of the Following Organizations Emerged from the Bretton Woods