Question

What was the objective of devising the post-war international monetary system by the UK and the US in the early 1940s?

a.

Integration of financial markets for domestic deals

b.

Discipline for national financial markets

c.

Order and discipline for integration of financial markets for cross-border deals

d.

Development of a closed international financial system

Answer: (c).Order and discipline for integration of financial markets for cross-border deals Explanation:The objective was to create order and discipline for the integration of financial markets for more cross-border financial deals.

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Q. What was the objective of devising the post-war international monetary system by the UK and the US in the early 1940s?

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