Final answer:
The correct answer is A. International Monetary Fund (IMF). The IMF and the World Bank Group are Bretton Woods Institutions created to assist nations economically. The IMF focuses on international financial stability while the World Bank supports development projects.
Step-by-step explanation:
The International Monetary Fund (IMF) and the World Bank Group are two global institutions created primarily to assist nations in becoming and remaining economically viable. The correct answer to the question is A. International Monetary Fund (IMF).
The Bretton Woods Institutions, established at the end of World War II, include the IMF and the World Bank, which were based on the belief that global collective action was necessary to guarantee international economic stability and rebuild Europe. The IMF and World Bank have played significant roles in providing financial resources and support for economic development, particularly in less developed nations. They have facilitated efforts related to community-driven development, financial stability, disaster management, education, clean water, and boosting agricultural production.
While the World Trade Organization (WTO) is another important institution in the global economic landscape established later in 1995, it evolved from the General Agreement on Tariffs and Trade (GATT) and primarily deals with international trade regulations and negotiations to reduce trade barriers.