Question
which of the following institutions emerged out of the bretton woods conference in 1944
Answers
GPT 3.5
The following institutions emerged out of the Bretton Woods Conference in 1944:
1. International Monetary Fund (IMF): The IMF was established to promote international monetary cooperation, stabilize exchange rates, and provide financial assistance to member countries in times of economic crisis.
2. World Bank: The World Bank, also known as the International Bank for Reconstruction and Development (IBRD), was created to provide financial and technical assistance to developing countries for reconstruction and development projects.
Both these institutions aimed to foster global economic stability and development in the aftermath of World War II.
1. International Monetary Fund (IMF): The IMF was established to promote international monetary cooperation, stabilize exchange rates, and provide financial assistance to member countries in times of economic crisis.
2. World Bank: The World Bank, also known as the International Bank for Reconstruction and Development (IBRD), was created to provide financial and technical assistance to developing countries for reconstruction and development projects.
Both these institutions aimed to foster global economic stability and development in the aftermath of World War II.