Migration and sovereignty EQ3.2 Flashcards
Who established the IMF, WB and WTO?
The WWII allied nations
Which conference was the IMF and WB set up in?
Bretton Woods
When and where did the Bretton woods conference take place?
In the US at the end of the second world war
What was the aim of the bretton woods conference?
To rebuild and guide the world economy
What was the WTO originally set up as?
The General Agreement on Tariffs and Trade
Which three IGOs are known as the Bretton Woods instituitions
World Bank
World Trade Organisation
International Monetary Fund
What was the original aim of the World Bank
To help rebuild countries devastated by WWII
When was the WB formed
1944
What is the aim of the IMF
Helps make currency exchange between countries easier
What do member countries of the IMF do?
Agree to exchange their currency with other countries
What is foreign exchange of currency
