The Bretton Woods agreement created the ________,which was given the task of promoting the growth of world trade by setting rules for the maintenance of fixed exchange rates and by making loans to countries that were experiencing balance of payments difficulties.

Question

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The International Monetary Fund (IMF) was created by the Bretton Woods agreement to promote world trade and maintain fixed exchange rates, as well as assist countries facing balance of payments difficulties. The other choices mentioned (World Bank, Central Settlements Bank, Bank of International Settlements, and European Exchange Rate Mechanism) are not directly related to the Bretton Woods agreement or the promotion of world trade through fixed exchange rates.

The Bretton Woods Agreement Created the ________,Which Was Given the Task