Question

State the main aim of Bretton woods agreement

Answer 1

The purpose of the Bretton Woodsmeeting was to set up a new systemof rules, regulations, and procedures for the major economies of the world to ensure their economic stability.

Answer 2

Explanation:

1) in July 1944 a confrence in United Nation monetary and financial conference at Bretton woods in new Hampshire ,USA .

2) The Bretton woods conference established International Monetary Fund Deal : External surplus and deflicits of its members.

3) The international bank for reconstruction was set up also known as World bank deal : to finance post war reconstruction

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