Need an research paper on the impact of bretton woods system on the world economy and the increase in world trade. Needs to be 6 pages. Please no plagiarism. The factors that led to the formation of the Bretton Woods System are briefly examined here. From 1949 to 1960, trade among European countries increased many folds. This is mainly attributed to the Bretton Woods System. With the beginning of the 21st century, we see the increased influence of multinational corporations in policy making and their presence in international decision making bodies. As the General Agreement on Trade and Tariff (GATT) is applied to most of the countries in the world, world trade increased phenomenally in the 21st century with a reduction in tariff.
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