Country follow austerity measures designed to restore

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Reference no: EM131928845

1. The 1944 Bretton Woods Conference was held to address which of the following?

A. The need to restore international monetary stability

B. The need to revitalize world trade

C. The need to rebuild countries devastated by World War II

D. All of the above

2. Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?

A. The Bank for International Settlements (BIS)

B. The International Monetary Fund (IMF)

C. The International Bank for Reconstruction and Development (World Bank)

D. None of the above

Reference no: EM131928845

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