The IMF Articles of Agreement were heavily influenced by all of the following except
A) the worldwide financial boom.
B) competitive devaluations.
C) trade wars.
D) high unemployment.
E) hyperinflation.

Question

Quizplus · Accepted Answer

The worldwide financial boom did not heavily influence the IMF Articles of Agreement, as they were negotiated in 1944 during the Bretton Woods Conference at a time when the world was recovering from the Great Depression and the Second World War. The Articles were instead influenced by the economic challenges of the interwar period, including competitive devaluations, trade wars, high unemployment, and hyperinflation, as well as the need for international cooperation and stability in the post-war period.

The IMF Articles of Agreement Were Heavily Influenced by All