... to make it easier for capital flow over national boarders. The Bretton Woods system was created 1944, before 1944 currencies were often manipulated; many blame the manipulation of currencies as one of the main reasons for the Great Depression. The Bretton Woods systems main objectives were to make the international financial markets more open and to get countries around the world to act the way they thought were the best, the Bretton Woods system used a new standard for currencies then the old fashion way of gold standard. The International Trade Organisation (ITO) was a part of the Bretton Woods Institutions with the aim to facilitate an expansion in the volume of international trade after the World War II, the ITO's views on finance were to introduce rules that would make it easier for transactional investments activities and to come up with ideas that would stop the fluctuations in employment ...

See this essay or coursework document in full right now