Question 26
MediumOriginal questionThe Bretton Woods conference of 1944 led directly to the creation of
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
The conference at Bretton Woods in 1944 was called to design the post-war monetary and financial order.
It produced two institutions: the International Monetary Fund, and the International Bank for Reconstruction and Development, which became the core of the World Bank.
India took part and is an original member of both.
Worth noting
The pairing is the thing to hold. The GATT came out of separate negotiations three years later, and the WTO is later still.
- Concept
- What the Bretton Woods conference created
- Typical timeTypical
- 45 s
- Your timeYours
- —
Practise this chapter →
Ten questions from World GK & International Bodies, at your own pace.