In 1944 Bretton Woods Agreement established rules for commercial and financial relations among the:

Correct answer: A. major industrial states

  • A. major industrial states
  • B. Latin American states
  • C. Poor states
  • D. European states

Explanation

The Bretton Woods arrangements were designed by the leading Allied and industrial economies to regulate post-war monetary and financial relations, leading to institutions such as the IMF and World Bank. The other options are narrower regional or economic categories.

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