Economics · International Organizations
Consider the statements (A) and (B) about the Bretton Woods Conference and choose the correct answer: (A) The Bretton Woods Conference established the International Monetary Fund (IMF) to deal with external surpluses and deficits of its member nations. (B) The IMF and the World Bank are referred to as the Bretton Woods institutions.
- 1(A) is false but (B) is true.
- 2(A) is true but (B) is false.
- 3Both (A) and (B) are false.
- 4Both (A) and (B) are true.✓
Correct answer
Both (A) and (B) are true.
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