How did Bretton Woods inaugurate an era of unprecedented growth in trade?

Asked by Last Modified  

2 Answers

+1 Class IX-X Tuition

Follow 1
Answer

Please enter your answer

The Bretton Woods Conference established theInternational Monetary Fund (IMF) to deal with external surplus and deficits of its member nations.The International Bank for Reconstruction and Development (known as World Bank) was set-up to finance post-war reconstruction.The IMF and World Bank are referred...
read more
The Bretton Woods Conference established theInternational Monetary Fund (IMF) to deal with external surplus and deficits of its member nations.The International Bank for Reconstruction and Development (known as World Bank) was set-up to finance post-war reconstruction.The IMF and World Bank are referred as the Bretton Woods Institutions or the twins of the Bretton Woods. The post-war international economic system is also described as the Bretton Woods System.Both these institutions commenced financial operations in 1947, which they are continuing hitherto. Decision-making in these institutions is controlled by the Western industrial powers. The US has an effective right of veto over key IMF and World Bank decisions. For more information: www.edusmartskills.com read less
Comments
Dislike Bookmark

The Bretton Woods Conference established theInternational Monetary Fund (IMF) to deal with external surplus and deficits of its member nations.The International Bank for Reconstruction and Development (known as World Bank) was set-up to finance post-war reconstruction.The IMF and World Bank are referred...
read more
The Bretton Woods Conference established theInternational Monetary Fund (IMF) to deal with external surplus and deficits of its member nations.The International Bank for Reconstruction and Development (known as World Bank) was set-up to finance post-war reconstruction.The IMF and World Bank are referred as the Bretton Woods Institutions or the twins of the Bretton Woods. The post-war international economic system is also described as the Bretton Woods System.Both these institutions commenced financial operations in 1947, which they are continuing hitherto. Decision-making in these institutions is controlled by the Western industrial powers. The US has an effective right of veto over key IMF and World Bank decisions. For more information allied with online spoken English course do visit: www.edusmartskills.com read less
Comments
Dislike Bookmark

Related Questions

Why Indians were outraged by the Rowlatt Act?
Because it gave the givergover autocratic powers to repress political activities.
Dhanshri
0 0
9
Describe the spread of Non-Cooperation Movement in the countryside.
Mohandas Karamchand Gandhi started the non-cooperation movement. The main motive of this movement was to resist the British rule in India, by a non-violent means, also called "satyagraha". This movement...
Kunal
0 0
6
How do industries create thermal and noise pollution?
Noise pollution is caused due to heavy machineries like turbines, generators, pumps, that runs inside industries like thermal power plant, automobile plant. Thermal pollution is caused due to discharge...
Kirti
0 0
5
Explain any three common features of the popular struggles in Nepal and Bolivia.
Some important conclusions can be drawn out from the movement of Nepal and the struggle of Bolivia. i. The struggle in Bolivia was against one specific policy and the struggle in Nepal was about the foundations...
Pritty
0 0
5
Which state is the longest producer of manganese in India?
Odisha is the largest producer producer of manganese in india.
Shiv
0 0
9

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Land revenue system in British India
https://vz-3ad30922-ba4.b-cdn.net/53cd1454-1bf1-4144-88ec-1df5b211a2ef/play_480p.mp4

Vijendra Singh

0 0
0
Federalism (Class 10, Ch. 2)
Federalism is about sharing of power between states and centre. It is one of the foundational concepts of Indian democracy. The objective of federalism:- To accommodate diversity in religion, language,...
A

Aditi

0 0
0
GLOBAL WARMING - global warming has become one of the most important issue that the world is facing today.
GLOBAL WARMING Global warming refers to the increase in average temperature of the earth's surface during the last century due to human activities, primarily fossil fuel burning which...

Arshad Ali

0 0
0
The Solar System

Vijendra Singh

0 0
0
Social science
Social science comprise with many other subjects and it contain geography, history polscience economics it's all about basics and which will help to get through the chapters and various concepts to clear...
M

Muzna Siddiqui

0 0
0

Recommended Articles

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Quest Academy - Institute of the month

Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Find Class 10 Tuition near you
Class 10 Tuition in Delhi
Class 10 Tuition in Bangalore
Class 10 Tuition in Hyderabad
Class 10 Tuition in Kolkata
Class 10 Tuition in Chennai
Class 10 Tuition in Mumbai
Class 10 Tuition in Pune
Class 10 Tuition in Noida
Class 10 Tuition in Lucknow
Class 10 Tuition in Gurgaon
Online Tuition Class 10

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you