General Studies I
How is the United Nations Monetary and Financial Conference wherein the agreements were signed to set up IBRD, GATT and IMF, commonly known?
|B||Bretton Woods Conference|
The conference was held from 1 July to 22 July 1944, when the agreements were signed to set up the International Bank for Reconstruction and Development, the General Agreement on Tariffs and Trade (GATT), and the International Monetary Fund (IMF).
As a result of the conference, the Bretton Woods system of exchange rate management was set up, which remained in place until the early 1970s.