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Without the creation of the currency system at Bretton Woods in 1944 and the establishment of the US as leader of said system, what would world trade look like if WW2 never happened and Europe and Asia aren't knocked out of their global positions?
https://en.wikipedia.org/wiki/Bretton_Woods_system
The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia and Japan in the mid-20th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate (± 1 per cent) by tying its currency to gold and the ability of the IMF to bridge temporary imbalances of payments. Also, there was a need to address the lack of cooperation among other countries and to prevent competitive devaluation of the currencies as well.
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