According to Austin, International law is not a law in its true sense. However, in the world economy at large this International law has become of paramount important a because it helps in the regulation of numerous relations among the countries/nations like trade relations, human rights, dispute resolving mechanism, financial assistance, etc. Numerous International organizations have been established, numerous treaties/conventions have been ratified to encourage and to protect International relations. In light of this passage answer the following questions.

Which International Organization was dubbed in Bretton Woods conference in 1944 ?

International Bank for Reconstruction and Development

The correct answer is Option (1) → International Bank for Reconstruction and Development

The IBRD, which is part of the World Bank Group, was established during the Bretton Woods Conference in 1944 to aid in the reconstruction of Europe after World War II and to promote economic development in other countries.