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What is economic globalization?

  • The separation of economies around the world through protectionist policies.
  • The integration of economies around the world through free trade and financial flows. (correct)
  • The concentration of economies around the world through monopolies.
  • The isolation of economies around the world through closed borders.

    • What was the United Nations Monetary and Financial Conference?

  • A gathering of 730 delegates from all 44 allied nations in Bretton Woods, New Hampshire in 1944. (correct)
  • An international summit on climate change held in Washington D)C) in 1944.
  • A meeting of world leaders to discuss economic globalization in the contemporary world
  • A conference on the future of space exploration held in Houston, Texas in 1944.

    • What is the significance of the United Nations Monetary and Financial Conference?

  • It resulted in the formation of the European Union.
  • It marked the beginning of the Cold War.
  • It established the International Monetary Fund and the World Bank. (correct)
  • It led to the creation of the United Nations.

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