Importance of the Bretton Woods Agreement to the International Monetary System (210 words)

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Relate the importance of the Bretton Woods Agreement to the International Monetary System. Must be 200 words.

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The Bretton Woods Conference was conducted between 1st and 22nd July 1944 and it sought to establish financial stability after World War II. This agreement had led to the creation of the International Bank for Reconstruction...
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