Final answer:
The April 2009 G20 agreement aimed to strengthen the global economy through financial reform and cooperation, continuing a trend of trade liberalization that began with GATT and led to the WTO, despite criticism of these organizations favoring rich nations and corporations.
Step-by-step explanation:
The goal of the April 2009 agreement arrived at by the G20 nations, which required them to cede some sovereignty, was to address the global financial crisis by implementing a variety of financial reforms and to bolster the global economy through cooperation and commitments to regulatory oversight.
This agreement was part of a movement that began with initiatives like the General Agreement on Tariffs and Trade (GATT) and evolved into the creation of the World Trade Organization (WTO).
The WTO's objective is to promote free trade and economic development, with institutions like the International Monetary Fund (IMF) and the World Bank playing significant roles in this global governance structure.
Despite the intentions behind these organizations, there has been substantial criticism regarding their impact on global economic freedom, with issues arising around the influence of wealthy corporations and developed nations on their operations.