The International Monetary Fund was created
A) in 1945 by the Bretton Woods Agreement.
B) to collect money from member countries that were running balance of payments deficits.
C) in 1971 when President Richard Nixon signed the Bretton Woods Agreement.
D) in the aftermath of World War II to help nations move off of the gold standard.
Correct Answer:
Verified
Q226: Q227: Under the gold standard, because all currencies Q228: If there is an unrest in Turkey, Q229: If there is an unrest in Europe Q230: Under the gold standard, when a nation Q232: With the Bretton Woods system of international Q233: The United States was taken off the Q234: An important problem with the gold standard Q235: Suppose the foreign exchange market is in Q236: ![]()
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