Multiple choice

The IMF and the World Bank were conceived as institutions to

  1. strengthen international economic cooperation and to help create a more stable and prosperous global economy

  2. promote international monetary cooperation

  3. ensure global economic development and poverty reduction

  4. All of the above

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The IMF and World Bank were established at the Bretton Woods Conference in 1944 with multiple objectives: promoting international monetary cooperation, ensuring global economic development and poverty reduction, and strengthening international economic cooperation. Option D 'All of the above' correctly encompasses all these purposes.