ano ang kahalagahan ng organisasyong world Bank, International Monetary Fund , world trade organization at NAFTA
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ano ang kahalagahan ng organisasyong world Bank, International Monetary Fund , world trade organization at NAFTA
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Answer:
IMF and the World Trade Organization
March 17, 2021
The IMF and the WTO are international organizations with about 150 members in common. While the IMF’s central focus is on the international monetary and financial system, and the WTO’s is on the international trading system, both work together to ensure a sound system for global trade and payments.
The International Monetary Fund and the World Bank were both created at an international conference convened in Bretton Woods, New Hampshire, United States in July 1944. The goal of the conference was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy. While this goal remains central to both institutions, their work is constantly evolving in response to new economic developments and challenges.
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