BACKGROUND OF THE FORMATION OF INTERNATIONAL ORGANIZATIONS

WTO

Its predecessor is GATT

created in 1947

Agency of the UN

Created to supervise and liberalize World Trade

After the World War II

Reconstruccion and economic development

WORLD BANK

Created in 1944

At the Bretton Woods conference

To help rebuild European countries devastated by World War II

IMF

Created by UN

In 1944

At the Bretton Woods Conference

Secure international monetary cooperation

To stabulize currency enchage rates