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which of the following institutions emerged out of the bretton woods conference in 1944Question
which of the following institutions emerged out of the bretton woods conference in 1944?
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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, exchange stability, and to assist in financial crises by providing short-term loans to member countries.
2. World Bank Group: The World Bank was created to provide financial and technical assistance to developing countries for development projects, such as infrastructure, education, and healthcare.
These two institutions were established to foster economic stability, development, and cooperation among countries in the post-World War II era.
1. International Monetary Fund (IMF): The IMF was established to promote international monetary cooperation, exchange stability, and to assist in financial crises by providing short-term loans to member countries.
2. World Bank Group: The World Bank was created to provide financial and technical assistance to developing countries for development projects, such as infrastructure, education, and healthcare.
These two institutions were established to foster economic stability, development, and cooperation among countries in the post-World War II era.
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