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#1 The Bretton Woods conference was held in 1944 and was responsible for creating the World Bank, the International Monetary Fund, and the International Bank for Reconstruction and Development. The Americans were in charge of the Allied side of the war, and they were the only ones who wanted these institutions.
#2 The Americans had a navy that was the most powerful in the world after the Nazis and the Japanese were defeated, and the British had no navy at all. The British could still claim to have a potent navy, but it was a subsidiary force compared to the American fleet.
#3 The American team presented their two-part plan to the French and European delegates, which was completely different from what the Soviets expected them to do. They would open their markets, but only one-way.
#4 The Americans at the conference proposed a global trading system in which they would provide full security for all maritime trade at their own cost, full access to the largest consumer market in human history, and at most a limited expectation that participants might open their markets to American goods.
© 2022 IRB Media (E-bog): 9781669381327
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E-bog: 2. april 2022
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