Bretton Woods Monetary Agreements Ratified

Bretton Woods Monetary Agreements Ratified

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The Bretton Woods monetary agreements were ratified with Acting Secretary of State Dean Aitchison officiating. The pact, drafted by Secretary of the Treasury Morgenthau and Harry D White, was signed by representatives from 28 nations, including Belgium, Canada, China, France, the United Kingdom, and the United States. Secretary Fred M Vinson highlighted the significance of the $18 billion program, emphasizing the years of work that led to the establishment of international funding banks. These institutions aim to promote peace and prosperity through global cooperation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who officiated the signing of the Bretton Woods monetary agreements?

Lester B Pearson

Fred M Vinson

Harry D White

Dean Aitchison

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country was represented by Lester B Pearson during the signing?

Belgium

Canada

China

France

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who endorsed the Bretton Woods document for the United Kingdom?

Harry D White

Fred M Vinson

Earl of Halifax

Dean Aitchison

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the total value of the program highlighted by Fred M Vinson?

$20 billion

$18 billion

$10 billion

$15 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary goal of the international funding bank established by the Bretton Woods agreements?

To increase military spending

To promote global trade

To serve as a tool for peace

To establish a new currency