International cooperation: The United Nations - The United Nations and Bretton Woods

3 important questions on International cooperation: The United Nations - The United Nations and Bretton Woods

What are the United Nations

- Primary organization for Global Cooperation
- UN is the successor of the league of Nations
- It was founded in 1945
- The core document is the UN Charter, adopted in 1945
- Within the framework of the UN, The Bretton Woods Conference was held in 1944

What resulted out of the Bretton Woods Conference?

3 main International Economic Institutions were founded

1. International Monetary Fund - IMF
2. World Bank - WB
3. World Trade Organization - WTO

What was the main philosophy of the Bretton Woods Conference

Lowering trade barriers was a key to lasting peace

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