Social Sciences, asked by kajalkala53gmailcom, 1 year ago

name 2 international financial organisation that are reffered to as bretton wood twins

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Answered by nishitapanda1
1

The Bretton Woods twins refers to the two multilateral organizations created at the Bretton Woods Conference in 1944. They are:

The World Bank and The International Monetary Fund

They were based on fixed exchange rates and were controlled by big powers of the world like US and Britain.

They were abolished after 1970s and floating exchange rates were introduced
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