The _____ was a result of a meeting in which international leaders decided that primary responsibility for the regulation of monetary relationships among nations should rest in an external body.

A) United Nations
B) North American Free Trade Agreement
C) World Trade Agreement
D) World Bank
E) International Monetary Fund

International Monetary Fund

An international organization that provides financial assistance and advice to member countries, aiming to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Monetary Relationships

Refers to the interconnections between various financial aspects within an economy, such as the dynamics between interest rates, inflation, and exchange rates.

International Leaders

Individuals who have a significant influence on global affairs, often heads of states, CEOs of multinational corporations, or leaders of international nonprofit organizations.