ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The International Bank for Reconstruction and Development (World Bank)
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The International Monetary Fund (IMF)
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United Nation (UN)
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None of the above
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Detailed explanation-1: -The correct answer is United Nations. The United Nations is not associated to Bretton Woods institutions. The Bretton Woods Institutions were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944.
Detailed explanation-2: -What international institution was not part of the Bretton Woods system at its creation? a. The International Monetary Fund (IMF).
Detailed explanation-3: -WTO is not a creation of BWC. Hence, Option D is the correct answer.
Detailed explanation-4: -These institutions were created before the United Nations itself, at a conference at Bretton Woods, New Hampshire, in the United States in 1944. In the UN Charter, however, they were considered to be an integral part of the system of UN agencies.
Detailed explanation-5: -International Monetary Fund (IMF) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) The World Bank. The World Trade Organization (WTO)