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POSTWAR ECONOMIC INSTITUTIONS

YEAR
INSTITUTIONS HEADQUARTERS FUNCTIONS
ESTABLISHED
Foster global monetary
cooperation; secure financial
stability; facilitate
International
international trade; promote
Monetary 1994 Washington, D.C
high employment and
Fund (IMF)
sustainable economic
growth; reduce poverty
around the world.
Provide financial and
technical assistance to
World Bank 1944 Washington, D.C
developing countries around
the world.
General Promote international trade
Agreement on by reducing or eliminating
1948 Geneva
Tariffs and trade barriers such as tariffs
Trade (GATT) or qoutas

World Trade Liberalize trade; settle trade


1995 Geneva
Organization disputes.
(WTO)

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