How might international economic organizations, like the WTO and the IMF, facilitate economic cooperation among states and highe
r levels of international trade? A. Provision of enforcement mechanisms to punish states for cheating on agreements B. Help monitor compliance to prevent cheating on agreements C. Reveal states’ preferences and interests to reduce uncertainty and build trust D. All of the above gov312l
Option A). is correct. Both IMF and WTO provides enforcement mechanisms. There is a judicial panel in World Trade Center which receives complaints against trades to impose retaliatory economic measures. Also IMF imposes compliance by discontinuing the funding earlier provided when the conditions agreed upon are not met.
Option B). is correct. Both The IMF and WTO works as a third party member to monitor and check the compliance and thus prevent cheating on the conditions.
Option C). is correct. The WTO and the IMF helps revealing information about the States' interest and preferences and helps to reduce the uncertainty of future circumstances and the willingness of the government to carry out a free and fair trade.
Therefore all the options are true for international economic organizations, like the IMF and he WTO.
