Question

What happen in bretton wood conference?


Answer according to five marks questions
5 point is compulsory

Answer 1

1. The Bretton wood conference was convened in July, 1944 at Bretton woods, New Hampshire, U.S.A.

2. Its main aim was to preserve economic stability and full employment in the industrial world.

3. The conference established international monetary fund (IMF) and the international bank for reconstruction and development (world bank).