Question

Fill out the table with information about the roles of international organizations in the global economy:

Answer 1

Answer:

WTO: is a global international organization that works on the rules of international trade to guarantee specific measures and freedom in trade.

OPEC: is an intergovernmental organization that includes 13 oil-exporting developing countries and aims at unifying their petroleum policies.

IMF: includes 190 countries around the globe, and aims to guarantee the stability of the international monetary system, promoting global monetary collaboration, international trade, and sustainable economic development to decrease poverty throughout the world.

The World Bank is an international financial organization that grants loans and donations to developing countries for capital projects.

The European Union is a political and economic association of countries found mostly in Europe to guarantee free entrance within the internal market and keep standard policies about trade and economic development.

Explanation:

All of these organizations are fundamental for the current dynamic of the global economy.