What is the Bretton Woods Institution.

1.What is the Bretton Woods Institution? The Bretton Woods Institutions as the World Bank, the International Fund, (also known as IMF). They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the collapsed post-war economy and to promote international economic co-operation. The original Bretton Woods agreement also included plans for International Trade Organisation (ITO) but these were never established until the World …

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