September 20, 2022
I OVERVIEW OF TRADE REMEDIES
The modern trade system emerged from the ruins of the Second World War and was
principally the creation of the United Kingdom and the United States. The Bretton Woods
Conference (July 1944) created the International Monetary Fund and the World Bank, the
Dumbarton Oaks Conference (August to October 1944) formulated the United Nations
organisation and the Havana Conference (November 1947 to March 1948) fashioned the
Havana Charter for an International Trade Organization (ITO).
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