Question

What approaches do international economic organizations use to solve and prevent problems? Check all that apply.

They promote free trade agreements.
They monitor the global economy.
They help countries develop their economies.
hey prevent trade barriers from occurring.
They address global trade issues.

Answer 1

B.) They monitor the global economy.

C.) They help countries develop their economies.

E.) They address global trade issues.

Step-by-step explanation:

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Answer 2

B. They monitor the global economy.

C. They help countries develop their economies.

E. They address global trade issues.

Step-by-step explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some examples of international economic organizations involved in global economy and trade are;

World Trade Organization (WTO).

United Nations (UN).

International Monetary Fund (IMF).

United Nations Conference on Trade and Development (UNCTAD)

The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.

Also, the United Nations is an intergovernmental organization that is set to foster security, unity, and peace among its member nations across the world.

In order to solve and prevent problems related to trade and the state of economy in member countries, the international economic organizations use the following approaches;

I. They monitor the global economy.

II. They help countries develop their economies.

III. They address global trade issues.