Bretton Woods Institutions are:-Select one:a. WTO, UNICEF, IMFb. World Bank, IMF, WTOc. World Bank, IMF, ILOd. None of the above
Question
Bretton Woods Institutions are:-
Select one:
a. WTO, UNICEF, IMF
b. World Bank, IMF, WTO
c. World Bank, IMF, ILO
d. None of the above
Solution
To determine the correct answer to the question about the Bretton Woods Institutions, let's analyze the options provided.
1. Identify the Bretton Woods Institutions
The Bretton Woods Conference, held in 1944, led to the establishment of two key institutions aimed at fostering international economic cooperation:
- The International Monetary Fund (IMF)
- The World Bank
2. Evaluate Each Option
a. WTO, UNICEF, IMF
- Incorrect: This includes the World Trade Organization (WTO) and UNICEF, neither of which are Bretton Woods Institutions.
b. World Bank, IMF, WTO
- Incorrect: While the World Bank and IMF are correct, the addition of the WTO makes this option incorrect.
c. World Bank, IMF, ILO
- Incorrect: This includes the International Labour Organization (ILO), which is not one of the Bretton Woods Institutions.
d. None of the above
- Correct: Since none of the other options correctly lists only the Bretton Woods Institutions (which are just the World Bank and IMF), this is the correct choice.
Final Answer
d. None of the above is the correct statement as the only Bretton Woods Institutions are the World Bank and IMF.
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