Which of the Following Organizations Emerged from the Bretton Woods

question 34

Multiple Choice

Which of the following organizations emerged from the Bretton Woods agreement of 1944, where a group of international leaders decided that the primary responsibility for the regulation of monetary relationships among national economies should rest in an extra-national body?

• A)International Monetary Fund
• B)United Nations
• C)World Trade Organization
• D)North American Free Trade Act
• E)European Union

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Definitions:

Material Fact

A fact that is significant or essential to the issue or matter at hand, and could influence a decision.

Securities Exchange Act

The Securities Exchange Act is a U.S. federal law that governs the trading of securities, such as stocks and bonds, to protect investors against fraud and to regulate the securities industry.

Scienter

A legal term referring to the knowledge of wrongdoing, particularly in cases of fraud or deceit.

Fraud

The intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.