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Bretton Woods Conference - Wikipedia
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and
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Xem thêmMultilateral economic cooperation among countries was crucial for the post-war world economies. Countries sought to establish an international monetary and financial system that fostered cooperation and growth among the
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Xem thêmThe Bretton Woods Conference had three main results: (1) Articles of Agreement to create the IMF, whose purpose was to promote stability of exchange rates and financial flows. (2) Articles of Agreement to create the IBRD, whose purpose was to speed reconstruction after
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Xem thêmThe seminal idea behind the Bretton Woods Conference was the notion of open markets. In his closing remarks at the conference, its president, U.S. Treasury Secretary
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Xem thêmThe highest body of the Bretton Woods Conference was the plenary session, which met only in the first and last days of the conference and existed mainly to confirm decisions reached
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Xem thêmThe need for post-war Western economic order was resolved with the agreements made on monetary order and open system of tradeat the 1944 Bretton Woods Conference. These
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Xem thêmInternational Trade Organization
The Bretton Woods Conference recommended that participating governments reach agreement to reduce obstacles to international...
Xem thêmThe Bank for International Settlements (BIS) became an object of scrutiny when the Norwegian delegation put forth evidence that the BIS was involved in war crimes.
The BIS, formed in 1930, was originally primarily intended to...
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Free trade relied on the free convertibility of currencies. Negotiators at the Bretton Woods conference, fresh from what they perceived as a disastrous experience with floating rates in the 1930s, concluded that major monetary fluctuations could stall the free flow of trade.
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