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What is meant by the bretton …

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What is meant by the bretton woods agreement
  • 2 answers

Gaurav Seth 3 years, 10 months ago

Bretton Woods Agreement. United Nations Monetary and Financial Conference was held at Bretton Woods in New Hampshire, USA in July 1944. In this conference an agreement was signed, where the members decided to decide on a framework to create an economic system for preserving economic stability and full employment

Yogita Ingle 3 years, 10 months ago

The Bretton Woods Agreement was finalised in July 1944 at Bretton Woods in New Hampshire, USA. It established the International Monetary Fund and the World Bank to preserve global economic stability and full employment in the industrial world. These institutions also dealt with external surpluses and deficits of member nations, and financed post-war reconstructions.

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