ESP 2 - News Listening - International Economic Organizations

What is the primary goal of WTO?

• Promoting global financial stability

• Ensuring environmental sustainability in global trade practices

• Ensuring the smooth flow of trade by reducing barriers and tariffs

• Facilitating cultural exchange through trade agreements

In which year did Vietnam officially become a member of WTO?

What does OECD stand for?

What is the primary goal of OECD?

• Regulating global financial markets

• Promoting international peace and security

• Providing humanitarian aid to developing nations

• Facilitating economic growth and social well-being among member countries

When was IMF established?

• 1942

• 1944

• 1946

• 1948

When was the World Bank established?

• 1942

• 1944

• 1946

• 1948

Which organization is often referred to as the lender of last resort?

• WTO

• OECD

• IMF

• World Bank

What is the primary goal of the World Bank?

• Promoting international trade

• Regulating global financial markets

• Negotiating trade agreements between member countries

• Providing financial and technical assistance for development projects

What does APEC stand for?

• American-Pacific Economic Cooperation

• Atlantic-Pacific Economic Coalition

• Asia-Pacific Economic Cooperation

• African-Pacific Economic Community

How many member economies are part of APEC?