QUESTION IMAGE
Question
multiple select question
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which three major global financial organizations have enormous influence on economic and social policies of poor nations? (choose every correct answer)
□ international monetary fund
□ world trade organization
□ federal reserve
□ world bank
Brief Explanations
- The International Monetary Fund (IMF) provides loans and policy advice to countries, influencing their economic and social policies.
- The World Trade Organization (WTO) sets rules for international trade, which can impact a nation's economic and social policies, especially regarding trade - related reforms.
- The World Bank offers financial and technical assistance for development projects, and its conditions for loans can shape a country's economic and social policies.
- The Federal Reserve is the central bank of the United States and does not have a direct and major global - scale influence on the economic and social policies of poor nations in the same way as the first three organizations.
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International Monetary Fund, World Trade Organization, World Bank