Ohio AIR US History Practice Exam 2026 - Free Practice Questions and Study Guide

After World War II, the United States pushed for a global, rule-based economic order to promote recovery and prevent another depression. The defining move was the creation of international financial institutions at Bretton Woods—the IMF to stabilize currencies and reduce the dangers of competitive devaluations, and the World Bank to finance reconstruction and development. This demonstrates the postwar shift toward open markets, cooperative monetary rules, and multilateral engagement led by the United States. The other scenarios describe protectionist or isolationist directions that the era moved away from, such as returning to tariffs, withdrawing from global trade agreements, or dissolving international institutions.