Question

The multinational conference that met at Bretton Woods, New Hampshire, in 1944 was instrumental in creating:______

Answer 1

The multinational conference at Bretton Woods in 1944 created the International Monetary Fund (IMF), the World Bank, and paved the way for the establishment of the World Trade Organization (WTO).

Step-by-step explanation:

The multinational conference that met at Bretton Woods, New Hampshire, in 1944 was instrumental in creating the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development, which became known as the World Bank. These institutions were created with the belief that global collective action was necessary to guarantee international economic stability and rebuild Europe. The conference also discussed the creation of a third institution, the International Trade Organization (ITO), which later led to the establishment of the General Agreement on Tariffs and Trade (GATT) and eventually the World Trade Organization (WTO).