Which statements about the WTO, World Bank, and IMF are true?
A) The IMF acts as a monitor of global currency exchange by helping to maintain a system of payments between all countries by setting the fixed value of each currency.
B) The WTO administers trade agreements, develops trade rules, and settles trade disputes between member nations.
C) The World Bank is a lending institution that provides loans and technical assistance to poor countries so that they can conduct trade in the global economy.
D) The World Bank provides loans to poor countries, and the IMF provides currency exchange services and loans to help with the balance of payments between countries to pay for trade.
E) The WTO sets and enforces trade rules without providing any financial services.
Correct Answer:
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