The broad prosperity and economic security enjoyed by the American middle class within the quarter century following the Second World War laid a powerful basis at house for the United States to train world leadership overseas. Such management included the United States brokering the world’s first really global trade agreement, the General Agreement on Tariffs and Trade. The United States served as the chief architect and underwriter of worldwide establishments, including the United Nations , the World Bank, and the International Monetary Fund . These institutions helped give universal legitimacy to principles on the coronary heart of the U.S.-led Western order.
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