Delegates met in Bretton Woods in 1944 to establish a new international monetary order following World War II. The main goals included creating a framework for international economic cooperation, promoting stability in exchange rates, and ensuring post-war economic recovery. This meeting led to the establishment of key institutions like the International Monetary Fund (IMF) and the World Bank, aimed at providing financial support and fostering global economic stability.
Which of the following explains why delegates met in Bretton Woods in 1944?
(1 point)
1 answer