What extent do you suppose the outcome at bretton woods

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Reference no: EM133315420

Case Study: Purpose You will recognize the historical importance of the World Bank and the IMF as international monetary institutions. Articulate the basic terms of the Bretton Woods Agreements, with emphasis on the roles of the International Monetary Fund and the World Bank. The Bretton Woods Agreements Act of 31 July 1945 declared it the global economic "policy of the United States" to henceforth and with all speed "reduce obstacles to and restrictions upon international trade." In furtherance of this objective, the Truman administration helped establish an International Bank for Reconstruction and Development (The World Bank) and an International Monetary Fund, both headquartered in Washington, D.C. Provided immunity under international law, these institutions have intersecting missions to further strengthen and consolidate the ties of the postwar international political economy.

Question: What extent do you suppose the outcome at Bretton Woods was a reaction to the war, a preparation for the peace, or both, and why?

Reference no: EM133315420

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