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Bretton Woods Agreement and the Institutions It Created Explained.

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The Bretton Woods agreement was an international monetary agreement that was reached in 1944. The agreement was between the United States, the United Kingdom, and a number of other countries. The agreement regulated the international monetary and financial system after World War II. It resulted in the creation of the International Monetary Fund (IMF) and … Read more

Backflip Takeover.

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A backflip takeover is a type of merger or acquisition in which the target company is acquired by the parent company of its principal competitor. This type of deal is often motivated by the desire to eliminate a competitor, gain market share, or achieve other strategic objectives. Backflip takeovers can be hostile or friendly, depending … Read more