Economics · International Organizations
The expression 'Bretton Woods Twins' is commonly used in discussions on the post-Second World War international economic order. It refers to which one of the following pairs of institutions that were conceived at the Bretton Woods Conference (1944) to promote global financial stability and reconstruction?
- 1International Monetary Fund and Asian Development Bank
- 2International Monetary Fund and International Bank for Reconstruction and Development✓
- 3International Bank for Reconstruction and Development and World Trade Organization
- 4International Monetary Fund and General Agreement on Tariffs and Trade
Correct answer
International Monetary Fund and International Bank for Reconstruction and Development
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