IMF, WTO, and World Bank Quiz

What is the primary purpose of the International Monetary Fund (IMF)?

• To provide financial assistance to developing countries

• To ensure the stability of the international monetary system

• To facilitate cross-border trade

• To promote fair trade between nations

Which organisation encourages cross-border commerce and business?

• World Bank.

• United Nations

• World Trade Organisation

• International Monetary Fund

What is the main goal of the World Bank?

• To facilitate international trade

• To promote high employment

• To reduce poverty through financial assistance

• To secure financial stability

Which organization provides loans and grants to poor countries?

• International Finance Corporation

• World Bank

• World Trade Organization

• International Monetary Fund

Which organization is known for facilitating trade dispute negotiations?

• International Finance Corporation

• World Trade Organization

• International Monetary Fund

• World Bank

Which organization was officially founded in 1995?

• World Trade Organization

• International Monetary Fund

• World Bank

• United Nations

What is a common criticism of the IMF, World Bank, and WTO?

• They do not engage in any form of globalization

• Their initiatives are often seen as benefiting only rich HICs

• They provide financial resources without any strings attached

• They promote economic growth without any conditions

Which organization is responsible for setting international trade rules?

• World Trade Organization

• International Monetary Fund

• World Bank

• United Nations

What is a primary function of the World Trade Organization (WTO)?

• To provide loans to developing countries

• To resolve trade disputes between countries

• To monitor global financial stability

• To promote environmental sustainability

Which organization was established to promote international monetary cooperation?

• World Trade Organization

• International Monetary Fund

• World Bank

• United Nations